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

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 […]

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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