Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 258.765 Million
machine learning

Researchers in Britain and the US have created an Artificial Intelligence able to predict the result of hundreds of cases heard before the European Court of Human Rights (ECtHR.) The system predicted the right verdict with a 79 percent accuracy, using machine learning and natural language processing. Researchers at UCL and at the universities of Sheffield and Pennsylvania […]

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A city is more than the sum of its roads and buildings. Its reality is shaped by structural elements such as the quantity of green spaces it boasts; by entrenched trends, like air pollution, traffic patterns, and population density; and by contingent circumstances as, for instance, the mood and sentiment of its dwellers. Collecting this […]

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Yplan, an app that allows users to discover live events and book last-minute tickets, was acquired by lifestyle magazine publisher Time Out. The London-based startup was bought for £1.6 million, which could rise to £2 million depending on some future conditions. Rather than disbursing cash, Time Out carried out the deal by transferring 1,166,644 in […]

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Microsoft has developed a technology that is as good as a person at recognising  words in an oral conversation. The breakthrough was detailed in a paper published on Monday by  Microsoft Artificial Intelligence and Research team. In the study, the researchers explain how recent improvements  have brought down the system’s overall amount of mistakes— word error rate […]

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Ravelin, a London-based startup that uses machine learning to spot and prevent fraud has raised £3 million in a funding round led by Playfair Capital. The VC firm, which has long been targeting its investments on AI companies, teamed up with Amadeus Capital, Passion Capital, Wonga’s creator Errol Damelin  and Paul Foster, founder of Indeed.com. Passion Capital had already […]

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A team of researchers from Oxford University have developed a platform that uses classic shooter Doom to train computer vision algorithms. The project, called ResearchDoom, records a wealth of metadata from gaming sessions, including annotated images of various 3D objects featured in  the game. According to a paper describing the initiative, the data can then be […]

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Google DeepMind has created a program able to navigate the London Underground by combining deep learning and a computerised short-term memory. The London-based company published a paper on Nature detailing the invention of a “differentiable neural computer” (DNC), a system that overcomes the limitations of standard neural networks. Neural networks are algorithms—modelled after biological neurons—which are […]

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Alphabet’s Google DeepMind has doubled the size of its health team. The London-based Artificial Intelligence company told Business Insider that its healthcare unit, which debuted in February, has been scaled up from 20 to 40 staff—and that some big cheeses are among the new hires. Among them are developer and cryptographer Ben Laurie, who is the founding […]

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