Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 343.535 Million
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Russia’s Internet giant (aka “Russia’s Google”) Yandex has trialled its driverless Toyota Prius taxis in a snow-covered Russian road last weekend, notching up about 300 kilometres overall during the test. The trial, which involved two cars, was interesting in that it allowed to demo how self-driving vehicles would fare in a scenario other than sunny California’s highways. […]

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Alphabet-owned fund CapitalG has poured £375 million of additional funding into Lyft, the ride-hailing service that many regard as Uber’s main rival. The tranche comes on top of a £750 million round CapitalG had announced in October. First broke by news website Axios —which spotted a US share authorisation document filed in Delaware—the rumour was later confirmed by Lyft, […]

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Ride-hailing service Uber has struck a deal with  Volvo to purchase 24,000 XC90 SUVs between 2019 and 2021, with the aim to convert them into its driverless fleet, Bloomberg has revealed. Each XC90 costs about £35,000 on the market, and the Financial Times pegged the value of the deal at around £1 billion. Uber has already […]

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Uber has signed a contract with US space agency Nasa to design software for self-driving flying taxi. The cab-hailing service’s chief product officer Jeff Holden revealed the news  at the Lisbon’s Web Summit; he also announced that the company will start testing so-called “UberAir” flying cabs around Los Angeles in 2020. (It is understood that the […]

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Alphabet’s self driving car unit Waymo is about to launch a fully autonomous self-driving cab service. That means: there will be no human driver in the car to take over in case of an emergency— although, in the initial rollout phase, passengers will be welcomed by Waymo concierges in the back seat. Riding in the […]

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Alphabet’s driverless car subsidiary Waymo is planning to launch a self-driving ride-sharing service with no human backup driver by the end of 2017, technology website The Information reports. According to anonymous sources, Waymo is warming up to kick-start the programme in the Phoenix area over the next few months— and apparently the order to go ahead […]

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Two technology giants are poised to invest in rival ride-hailing companies, according to press reports. Japanese Internet colossus Softbank is allegedly mulling over a whopping $10 billion investment in Uber, while Alphabet (erstwhile Google)—which is currently embroiled in a court battle with Uber over self-driving car technology— could pour almost $1 billion in Lyft. According to The Wall […]

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Electric carmaker Tesla is planning to create electric trucks able to drive themselves and to coordinate with other vehicles  to move in formation, Reuters reports. That transpired from email conversations between the company led by global-moonshooter-in-chief Elon Musk and the Nevada Department of Motor Vehicles (DMV). “Our primary goal is the ability to operate our prototype […]

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Apple CEO Tim Cook has detailed the company’s plans to enter the self-driving car sector, Bloomberg revealed. The rumour has been circulating for a while that the iPhone maker’s next big project would involved driverless vehicles, but the company’s management had so far been peculiarly cagey about the feat. Late last year, it emerged that when Apple kicked-started the […]

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