Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 280.765 Million
driverless cars

Alphabet’s driverless car subsidiary Waymo is planning to launch a self-driving ride-sharing service with no human backup driver by the end of 2017, technology website The Information reports. According to anonymous sources, Waymo is warming up to kick-start the programme in the Phoenix area over the next few months— and apparently the order to go ahead […]

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US carmaker Tesla is working together with semiconductor giant AMD to develop its own chips for carrying out autonomous driving tasks. The company—whose cars already sport the rather advanced driver assist system Autopilot— is reportedly in the process of testing the purpose-specific processors. Creating its own chips, although on top of AMD tech, will allow Tesla not to […]

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Two technology giants are poised to invest in rival ride-hailing companies, according to press reports. Japanese Internet colossus Softbank is allegedly mulling over a whopping $10 billion investment in Uber, while Alphabet (erstwhile Google)—which is currently embroiled in a court battle with Uber over self-driving car technology— could pour almost $1 billion in Lyft. According to The Wall […]

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FiveAI, a British company working on self-driving cars, has raised £14 million in a Series A round led by Lakestar Capital and backed by Amadeus Capital Partners, Notion Capital and Kindred. The Cambridge-based startup—which also has offices in Oxford, Bristol, and Edinburgh —was founded in 2015 by Ben Peters, Stan Boland, Steve Allpress,  and John Redford. It focuses […]

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Electric carmaker Tesla is planning to create electric trucks able to drive themselves and to coordinate with other vehicles  to move in formation, Reuters reports. That transpired from email conversations between the company led by global-moonshooter-in-chief Elon Musk and the Nevada Department of Motor Vehicles (DMV). “Our primary goal is the ability to operate our prototype […]

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Welsh company Academy of Robotics has gathered £292,930 in crowdfunding to develop its self-driving vehicle Kar-Go. The company, based in Aberystwyth, has conceived an AI-powered pod that would use a blend of machine vision, sensors and offline map analysis to autonomously deliver packages in residential areas. Founded in 2015 by William Sachiti,  Academy of Robotics got its […]

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Apple has offered further hints about its plans for Artificial Intelligence, and in particular for autonomous systems. After revealing last month, that it was indeed working on a driverless car programme, CEO Tim Cook has now expanded on his previous announcement, explaining how Apple wants to use AI for more than driving vehicles. “Autonomous systems can […]

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European consumers are not into self-driving cars as much as carmakers and Silicon Valley giants would like them to be, but the UK’s enthusiasm  offers a glimpse of hope. According to City A.M., a global survey of 22,000 people by consultancy Deloitte revealed the continent’s sentiment regarding autonomous vehicle—finding that consumers in France, Belgium, Germany and Italy have […]

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Waymo, the newly spun-off Alphabet subsidiary working on self-driving cars, will deploy a platoon of autonomous vehicles on public roads later this month, as part of a partnership with car manufacturer Fiat Chrysler Automobiles . Speaking at the North American International Auto Show in Detroit, Waymo CEO John Krafcik revealed that the company— which up to last December was […]

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