Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million
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The UK government has named experts from industry, academia and data rights organisations to create a new advisory board for artificial intelligence (AI) regulations, a press release on the Gov.UK site revealed today. Ocado and Google DeepMind executives are among the experts appointed to the new board, which will promote AI adoption and ethical use in organisations and businesses […]

The head of the UK Cabinet Office’s Robotic Automation Unit (RAU) has claimed that the interest in Artificial Intelligence (AI) and robotic automation has reached its peak within UK government departments and authorities. Speaking at the UKAuthority’s March of the Bots conference, James Merrick-Potter said interest in these technologies had reached a new high. “Over […]

London-based technology start-up Kheiron Medical has received funding from the Government to use artificial intelligence (AI) to automate part of the screening process for breast cancer, the Telegraph reported on Sunday. The medical trial is a result of the collaboration with the East Midlands Radiology Consortium, which works across seven NHS Trusts in the East […]

The UK government will set up a new internet regulator holding tech firms accountable for content published on their platforms, BuzzFeed revealed on Thursday. According to the report, the regulator would also be able to sanction firms if them if they fail to take down hate speech and illegal material and within hours. It comes […]

British Prime Minister Theresa May announced a £56 million ($ 72.8 million) investment for battery storage technology in South Africa during her visit to the country. The investment will support South Africa’s efforts to reduce carbon emissions by increasing the use of renewable energy technologies. May landed in Cape Town on Tuesday, and after visiting […]

The UK Government has pledged £780 million to support innovation and new technologies on Friday. The funding will be distributed across eight Catapult centres around the country, focusing on various technologies, including a hybrid manufacturing process that combines 3D printing and computer controlled machining, clean tech and the development of gene therapy techniques to cure […]

The UK is about to start a review of the impact of artificial intelligence  on the country’s economy. The review, which is part of Whitehall’s new Digital Strategy, will be carried out by University of Southampton’s computer science professor Wendy Hall, and the CEO of artificial intelligence startup BenevolentAI, Jerome Pesenti. According to WIRED UK, the review will […]

The UK’s Government Office for Science has released a new report exploring how Artificial Intelligence (AI) and machine learning might be used to innovate governance. The report was authored by Chief Scientific adviser Sir Mark Walport,  and it looks into how the government could resort to emerging technologies to improve data analysis, guide decision making  and […]

Artificial intelligence start-up Taiger has raised $25 million in a  series B funding round led by PacificBridge Asset Management and Hong Kong-based merchant bank MCM Investment Partners. The Singapore-based company, which has now reached a $110 million evaluation, counts clients such as Bank of America Corp, AIA Group Ltd. and Banco Santander SA. With the […]

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