Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 280.765 Million
uber

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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After spearheading research on autonomous cars, Alphabet has now started looking into self-driving trucks. According to BuzzFeed News, Alphabet recent spin-off Waymo is in the process of testing driverless heavy vehicles for freight transportation. “Self-driving technology can transport people and things much more safely than we do today and reduce the thousands of trucking-related deaths […]

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The merger between food delivery company Just East and rival platform Hungryhouse is under an “in-depth” investigation from pro-competition authorities. London-based Just Eat announced its intention to acquire the smaller company—owned by German firm Delivery Hero—in December 2016 for £200 million, plus £40 millions depending on performance targets. The UK’s Competition and Markets Authority (CMA) —a governmental […]

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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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London Uber users could be in for a fare hike as the capital’s transport authority is pondering to increase the company’s operating licence from £2.800 to  £2 million over five years. Transport for London (TfL) is reassessing its rules on licensing for minicab operators: right now, every company in London pays the same fee regardless of […]

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European consumers are not into self-driving cars as much as carmakers and Silicon Valley giants would like them to be, but the UK’s enthusiasm  offers a glimpse of hope. According to City A.M., a global survey of 22,000 people by consultancy Deloitte revealed the continent’s sentiment regarding autonomous vehicle—finding that consumers in France, Belgium, Germany and Italy have […]

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