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

London-based Artificial Intelligence (AI) company BenevolentAI has announced the expansion of its business to the United States, after snapping up two major AI experts from the tech sector and academia. Founded in 2013 and based near King’s Cross, the company is using AI to drive scientific progress forward. BenevolentAI’s machine learning algorithms have been trained to scour millions of research publications, […]

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An Australian start-up has unveiled an Artificial Intelligence-powered earphone able to instantly translate conversations in eight languages, WIRED reports. Speaking at the United Nations’ AI for Good Summit in Geneva, Sydney-based Lingmo International announced that the earpiece— called Translate One2One— would be available for purchase starting in July, for the relatively affordable price of $179  (£140.) The device does not need […]

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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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Raspberry Pi and Alphabet have teamed up to bring Artificial Intelligence capabilities to the matchbox-sized computer. Google’s new initiative, called “Artificial Intelligence Yourself” or AIY (a pun referring  to Raspberry Pi’s popularity with DIY enthusiasts) , will add natural language processing features to Raspberry Pi 3, thanks to a “Voice HAT” (Hardware Accessory on Top) add-on, […]

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Yahoo! is using machine learning to identify low-quality online ads and understand why they fail to engage users. Speaking at  London Data Fest, Yahoo!’s Director of Research Mounia Lalmas explained how her team developed a model accounting for why some advertisements work and others do not. Most of Yahoo!’s efforts, Lalmas said, are focused on native advertising, especially […]

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A London-based startup aiming to make it easier to obtain repeat prescriptions has raised a £1.8 million Seed Round led by LocalGlobe VC. Global Founders Capital was also among the backers. Founded in 2015 by two frustrated patients and officially launching today, Echo allows patients to order medicines via a specific app that asks a […]

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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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