Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million
deepmind

A new artificial intelligence (AI) system can now identify 50 different types of eye conditions as accurately as a doctor, according to a new research published on Nature Medicine’s website. Developed by Deepmind, one of Google’s AI companies, the system is the result of the research partnership with Moorfields Eye Hospital in London over the […]

Britain’s government has earmarked £300 million in funding to invest in Artificial Intelligence research, with the aim of making the UK a global leader in the field. More than fifty companies and organisations rallied behind the plan to develop a £1 billion deal, which was later revealed by   business secretary Greg Clark and digital […]

Ke Jie, the Go champion who pledged never to challenge an Artificial Intelligence again after being trounced by DeepMind’s AlphaGo, is going to play against a machine once more. World’s No. 1 Ke is reportedly going to pit its talent against a number of Go-playing AIs in a series of man-vs-computer encounters to be held in […]

  DeepMind has announced that the latest version of its Go-playing artificial intelligence has learnt to excel at the board game without help from humans. Alphabet-owned (but London-based) AI lab DeepMind hit the headlines last year when its programme AlphaGo defeated top-class Go player Lee Sedol; since then , the AI has repeatedly triumphed over some […]

Financial documents published on Companies House revealed just how much Alphabet-owned DeepMind spent on Artificial Intelligence research last year. The AI lab—which rose to prominence after its brainchild AlphaGo triumphed against professional Go player Lee Sedol in 2016—spent £104.8 million on “staff costs and other related costs” in 2016. The exact number of DeepMind employees is […]

Startup factory Entrepreneur First has secured £9.4 million ($12.4 million) from a string of backers led by Silicon Valley VC firm Greylock Partners, and including the cofounders of Alphabet-owned AI powerhouse DeepMind. Founded by Matt Clifford and Alice Bentinck in 2011, and based in London and Singapore, EF is pioneering a new type of technology […]

Grid Edge, a startup aiming at improving energy efficiency by means of Artificial Intelligence, has raised  £200,000 in Seed from Ignite, a fund focused on energy companies. Based in Birmingham and founded by Aston University’s researchers Tom Anderson, Jim Scott and Dan Wright, Grid Edge has developed smart software able to monitor a building’s energy usage, and optimise its consumptions […]

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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