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

Researchers have developed artificial intelligence that reproduces the characteristic process of Darwinian evolution. The research from the University of the Basque Country uses quantum simulation to create the first quantum artificial life on the cloud by emulating the behaviour of living systems. The authors of the study said this research aims  at designing “a set of quantum […]

Amazon announced yesterday an enhancement to its Comprehend platform that allows developers to build lists of specialised words and phrases without machine learning domain knowledge. Tons of ML announcements coming up next week; so many we pulled a few forward… introducing a big step for Comprehend: Build Your Own Natural Language Models on #AWS (no […]

Hong Kong-based accelerator Zeroth and Deepcore, a Japanese incubator which is part of the SoftBank group, are joining forces to use their resources on artificial intelligence. We are very proud to announce our strategic alliance with @DEEPCORE_Inc! We will collaborate to support #AI entrepreneurs who are solving world class issues and making a global impact. Click here to […]

Artificial intelligence (AI) will be able to spot early signs of Alzheimer’s disease years before a patient would normally be diagnosed, research has shown. Published in the journal Radiology, the new study shows a self-learning computer program able to recognise features in brain scans which are too subtle for humans to see. “Differences in the pattern […]

Artificial Intelligence (AI) computing solutions Esperanto Technologies has secured $58 million (roughly £44,6 million) in Series B investment for the development of AI chips, the company announced on Sunday. Check out the NEW Esperanto Technologies website, including today's news on @EsperantoTech Series B announcement! #AI #ML #riscv #risc_v https://t.co/cGpp5TogoS pic.twitter.com/RDI4c78xeL — Esperanto.ai (@EsperantoTech) November 5, […]

An algorithm that was being developed as a recruitment tool by online giant Amazon between 2014 and 2017 was sexist and had to be scrapped, Reuters reported. Amazon has been using automation substantially, as part of their e-commerce market strategy. The company’s experimental hiring tool used artificial intelligence to give job candidates scores based on […]

London insurance technology start-up Concirrus today closed a further £5m fundraising effort from tech investor IQ Capital and EOS Venture Partners. The investment, which takes Concirrus total amount raised to date to £12m, comes after the company signed a global deal with Big Four accountancy firm EY last April, injecting machine learning tech into the […]

Chinese tech giants Baidu and Tencent will contribute to two open-source projects focused on machine and deep learning advances, The Linux Foundation announced earlier this week. The collaboration aims at the long-term goal of making AI technologies easier to use while improving cloud services using deep learning technologies. Tencent’s Angel Project is built on a […]

London-based security startup INCOPRO has secured £15.5 million ($21 million) from Highland Europe. The company plans to use the funding to better develop its anti-piracy and counterfeits technology. Founded in 2012 by Simon Baggs and Bret Boivin, the INCOPRO helps companies and online brands to fight off IP infringement. “The internet revolution has created a […]

Facebook’s CEO Mark Zuckerberg announced he does not have any plans to appear before the UK Parliament’s Digital, Culture, Media and Sport Committee to give evidence about the Cambridge Analytica scandal. The snub follows threats of an official summons, and a hearing given by Facebook’s CTO Mike Schroepfer, which the Committee found to be unsatisfactory. Following […]

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