Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 342.935 Million
machine learning

When it comes to smart personal assistant, Facebook is still small fry: in a scene dominated by voice-powered heavyweights such Amazon Alexa and Google Assistant, you might be forgiven for not knowing that the Menlo Park-based company also has its own virtual helper programme. Called M, the Artificial Intelligence bot is built on top of […]

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The Chinese government is upping its Artificial Intelligence game , after launching a massive investment plan in the technology. According to the MIT Technology Review, China’s State Council has announced a plan to build the national AI industry into a $150 billion behemoth, with the goal of making the country the world’s leader by 2030. According to […]

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Google has announced Developers Launchpad Studio, a new six-month programme to foster and support Artificial Intelligence and machine learning companies. Startups, from early to post-Series B stage, can apply by August 31, by submitting a 15-page pitch. Companies  accepted into the programme will receive assistance with product development and validation, networking opportunities with AI investment big shots, […]

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Callsign, a platform using AI to provide authentication, has closed a £26.8 million Series A round led by Accel and PTB Ventures, and backed by Allegis Capital and NightDragon Security. The company had previously raised a Seed round for an undisclosed amount in September 2016. Founded in 2012, Callsign has created a deep learning platform called […]

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Apple has inaugurated an online journal where its engineers can publish their research on machine learning. “Here, you can read posts written by Apple engineers about their work using machine learning technologies to help build innovative products for millions of people around the world,” the new website’s homepage reads. The first featured study  had already been partially […]

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SHACK15 resident Sparrho, a platform leveraging Artificial Intelligence to help researchers discover relevant science publications, has raised $3  million (£2.3m) in a pre-Series A round led by White Cloud Capital. It is understood that the fresh round of cash will be used to fuel further product development. The London-based company, founded in 2013 by EF alum […]

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Darktrace, the Cambridge-based company applying AI to cybersecurity, has raised  £58 million ($75m) in a Series D round led by Insight Venture Partners, and backed by existing investors Summit Partners, KKR, and TenEleven Ventures. The round brings the company’s valuation up to £640 million ($825m.) The company, a brainchild  of Cambridge researchers, uses machine learning to detect cyberthreats […]

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The World Health Organisation has called for Artificial Intelligence to be used to improve everybody’s healthcare, not only the wealthiest’s. WHO’s director general Margaret Chan raised the alarm during a talk at the United Nations’ AI Summit for Good, underlining that— while the richer countries are already benefitting from AI’s medical applications, others are being […]

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Google’s spreadsheet programme Sheets has launched a new smart feature that will automatically convert data into charts and data visualisations. Thanks to Google’s natural language processing abilities, users will be able to simply ask Sheets to “Make a graph about this subset of data”— and the programme will carry that command out instantly. The improvement, announced […]

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