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

There is a 50 percent chance that artificial intelligence will grow capable to best human beings in virtually every field within 45 years, a survey of 352 AI experts reveals. According to the New Scientist, a survey carried out jointly by the University of Oxford and Yale University  among leading researchers in the field has returned the […]

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London-based Mogees, the startup behind the smart microphone that uses machine learning to transform any vibration into original music, has raised £850,000 ($1.1 million) in seed funding from a group of investors including former Iglo Group CEO Elio Leoni Sceti, and Hotels4U founder Haim Perry. Mogees is planning to use the fresh injection of cash to roll […]

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Update: On May 25, AlphaGo beat Ke Jie again in the second of two games. Things are looking bad for human Go players.  DeepMind’s AI AlphaGo has beaten the Chinese world champion Ke Jie in the strategic board game Go, winning the first of three planned games. The algorithm, which makes use of 12 layers of neural […]

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Alphabet is bringing Artificial Intelligence to smartphones. Right now, most of the tech giant’s AI power is only accessible to users who can get an Internet connection and tap into the cloud; the next step, Google announced at its event I/O, is embedding  those capabilities directly in their handsets. Google’s current machine learning framework, Tensor Flow, was […]

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Processor manufacturer Graphcore  revealed to have received an investment from multinational computer tech giant Dell, via its venture arm Dell Technologies Capital. Dell had already backed the Bristol-based startup in its £25 million Series A round in October 2016— together with corporate investors Bosch and Samsung and VC firms Amadeus, Foundation, Pitango, Draper Esprit and C4 […]

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Amazon is set to launch a new UK R&D centre in the university city of Cambridge. The new 5500 square-metre office will open in an office building next to Cambridge’s train station. The tech giant already runs  another research facility in the city centre, which—once the new office starts working— is going to start focussing […]

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London-based analytics startup Decibel Insight has secured £7 million ($9 million) in a Series A round led by Eight Road Ventures, and  also backed by Ventureforgood. The company, which uses machine learning to understand how company’s customers behave online, boasts world-class brands such as Lego, General Motors and Gucci among its clients. It is now […]

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Berkshire-based data science company Exonar has secured £1.25 million in a seed round led by Winton Group and Amadeus Capital, and backed by private angels. The company, founded in 2012 and headquartered in Newbury, uses machine learning models to help companies make sense of their data, and extract information without incurring security vulnerabilities. Following the round, […]

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The Royal Society has published a 125-page report on machine learning, urging the government to invest in the technology and to foster its applications by making even larger datasets open and available to researchers and businesses. The London-based science organisation engaged in dialogues with experts, investors and the general public —whose attitudes towards machine learning was […]

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A London-based hedge fund controlling $28.8 billion (£22.5 billion) of assets is looking into machine learning, Business Insider reports. Man GLG, a fund founded in 1995 and now active in eight countries, has inaugurated the new position of “head of machine learning”, who will be in charge of scaling up the company’s machine learning firepower— with particular […]

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