Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 343.535 Million
deepmind health

Alphabet-owned Artificial Intelligence laboratory DeepMind is bankrolling NHS research, Business Insider has revealed. The London-based company has provided Moorfields Eye Hospital’s trust with £110,000 in funding since July 2016— when the two organisations kick-started a partnership to test DeepMind’s new technology to diagnose eye diseases. The collaboration had already sparked controversy, as over one million patient […]

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The data-sharing agreement between the Royal Free hospital and AI firm DeepMind, which resulted in 1.6 million patient data being  made available to the Alphabet-owned company, was in breach of UK’s Data Protection Act, the Information Commissioner’s Office (ICO) has found. The deal, which had been uncovered in 2016 by a New Scientist investigation, was part of […]

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Alphabet-owned DeepMind has struck a deal with  Taunton and Somerset NHS Foundation Trust, which will now start using the AI lab’s healthcare app Streams in Musgrove Park Hospital. The contract follows similar, controversial partnerships with the Imperial College Healthcare NHS Trust and the Royal Free NHS Foundation Trust, which have adopted Streams to spot signs of […]

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The World Health Organisation has called for Artificial Intelligence to be used to improve everybody’s healthcare, not only the wealthiest’s. WHO’s director general Margaret Chan raised the alarm during a talk at the United Nations’ AI Summit for Good, underlining that— while the richer countries are already benefitting from AI’s medical applications, others are being […]

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London-based startup Babylon Health, an AI-powered healthcare app that offers virtual medical consultations, has secured $60 million (£46.7 million) in funding from a number of undisclosed investors— although the Financial Times reported that Egyptian billionaire dynasty Sawiris partook in the round. That brings Babylon’s overall funding to £85 million (£66 million), following a $25 million round led […]

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London-born Artificial Intelligence firm DeepMind is opening up a heavily-staffed division in the US to intensify cooperation with parent company Alphabet. According to Business Insider, the AI powerhouse— bought by erstwhile Google in 2014— is looking to hire two dozens of people to work at Alphabet’s headquarters. Bloomberg reports suggest DeepMind US chapter will be given its […]

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Google DeepMind has struck a five-year deal with the Royal Free NHS Trust, which will grant it access to the medical data of 1.6 million patients, through its healthcare app. DeepMind— the London-based, Alphabet-owned Artificial Intelligence company— will roll-out the Streams app among the employees of the Royal Free in early 2017. Streams will notify healthcare […]

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