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

Fei-Fei Li will be replaced at the end of the year as head of Google Cloud AI by Andrew Moore, Google announced on Monday. Li, a well-known expert in artificial intelligence, will return to her position as head of Stanford University’s AI department by the end of the year. In the blog post where the […]

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 […]

Indians are contributing enormously to the global AI (artificial intelligence) ecosystem, said Google’s Fei-Fei Li at the Cloud Next 2018 conference in San Francisco last week. Speaking to the ET tech, the chief research scientist at Google Cloud AI and Machine Learning said that “Indian students globally are contributing a lot to AI and some of […]

Apple may not be front and centre in the race to create driverless cars, but its fabled plans for autonomous vehicles are not to be discounted either. The tech giant has just applied for a new patent for self-driving technology. The document, published on Thursday, offers a compelling glimpse on how Apple thinks self-driving cars could move around […]

Alphabet-owned fund CapitalG has poured £375 million of additional funding into Lyft, the ride-hailing service that many regard as Uber’s main rival. The tranche comes on top of a £750 million round CapitalG had announced in October. First broke by news website Axios —which spotted a US share authorisation document filed in Delaware—the rumour was later confirmed by Lyft, […]

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 […]

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 […]

Google is poised to invest £1 million in fighting online extremism across the UK. The tech giant has set up a Britain-specific fund as a part of its global effort against violent and vitriolic content posted online, to which it pledged $5 million (£3.6 million.) In the UK, the funds will be funnelled through a partnership […]

Intel has gifted Artificial Intelligence researchers with a new set of free tools. During an AI Conference in San Francisco, the chipmaking giant announced the new Nervana DevCloud, a cloud platform where developers, researchers and startups will be able to experiment with hardware and software tools for their AI projects. The platform’s compute power will be provided by Intel’s Xeon processors. […]

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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