Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 258.765 Million
data science

Rogue Artificial Intelligences can be concocted by fiddling with training data, scientists have found. A group of researchers from the New York University have discovered that manipulating the datasets used to train neural networks may result in  the creation of malicious AI systems. At the core of this issue, the researchers say, is the fact that a growing […]

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The public is not ready to board on self-flying airplanes, a survey by bank UBS revealed. It is widely believed that pilotless planes would be cheaper —some estimates project they would save airlines over $30 billion (£23 bln) a year in fuel, salaries and training— and recent technological advances could make them a reality sooner than expected. […]

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London-based transport planning app Citymapper has been authorised to launch its own night bus in East London, Business Insider reveals. The city’s transport authority TfL has green-lighted  Citymapper’s request to run a bus route between Aldgate East and Highbury & Islington. The—green—bus will stop at Highbury & Islington Station, Dalston Junction, Kingsland Road, Shoreditch High Street, and […]

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London-based Mogees, the startup behind the smart microphone that uses machine learning to transform any vibration into original music, has raised £850,000 ($1.1 million) in seed funding from a group of investors including former Iglo Group CEO Elio Leoni Sceti, and Hotels4U founder Haim Perry. Mogees is planning to use the fresh injection of cash to roll […]

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Update: On May 25, AlphaGo beat Ke Jie again in the second of two games. Things are looking bad for human Go players.  DeepMind’s AI AlphaGo has beaten the Chinese world champion Ke Jie in the strategic board game Go, winning the first of three planned games. The algorithm, which makes use of 12 layers of neural […]

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London-based analytics startup Decibel Insight has secured £7 million ($9 million) in a Series A round led by Eight Road Ventures, and  also backed by Ventureforgood. The company, which uses machine learning to understand how company’s customers behave online, boasts world-class brands such as Lego, General Motors and Gucci among its clients. It is now […]

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Berkshire-based data science company Exonar has secured £1.25 million in a seed round led by Winton Group and Amadeus Capital, and backed by private angels. The company, founded in 2012 and headquartered in Newbury, uses machine learning models to help companies make sense of their data, and extract information without incurring security vulnerabilities. Following the round, […]

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A London-based hedge fund controlling $28.8 billion (£22.5 billion) of assets is looking into machine learning, Business Insider reports. Man GLG, a fund founded in 1995 and now active in eight countries, has inaugurated the new position of “head of machine learning”, who will be in charge of scaling up the company’s machine learning firepower— with particular […]

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