Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million

Berlin-based banking start-up Mambu raised €30 million in its latest funding round backed by US-based Bessemer Venture Partners and others, the company revealed on Monday. The funding will allow Mambu to accelerate its growth and further investments in marketing, products, platform and services. The company also plans on expand its fifty-country presence on all continents, and […]

The final report of the UK parliament’s inquiry into fake news and disinformation said social media sites should face a compulsory code of ethics in order to tackle harmful or illegal content online. The report, in particular, criticised Facebook “disingenuous” and “bad faith” responses to democratic concerns about the misuse of people’s data and called for the social media giant’s […]

The Pentagon has outlined its first Artificial Intelligence (AI) strategy, the United States Department of Defense revealed on Tuesday. In the report, the Pentagon explained how they intend to expand their use of AI in warfare, but said they will take care to deploy the technology in accordance with the nation’s values. The plan will […]

Scientists at the University of Georgia Center for Food Safety in Griffin have created a machine-learning system that could lead to quicker identification of the animal source of certain Salmonella outbreaks. The research, which was published in the January 2019 issue of Emerging Infectious Diseases, was led by Prof Xiangyu Deng and postdoctoral associate Shaokang Zhang, […]

Global patent transaction platform IPwe and ANYFIVE, a company that integrates Research and Development and intellectual property rights solutions have partnered up to simplify patent transactions. The companies intend to combine blockchain and artificial intelligence (AI) to reduce frictions within the patent ecosystem and facilitate the growth of patents on a global level. “ANYFIVE recognised […]

United States President Donald Trump will sign an executive order today asking federal government agencies to commit more investment  and resources into artificial intelligence (AI) research and training, a senior administration official said. The executive order goes under the name of “Accelerating America’s Leadership in Artificial Intelligence”, and it will call for better reporting and tracking […]

Scientists from the Allen Institute for Artificial Intelligence (AI2) have released an online Pictionary-style game called Iconary yesterday, which they say could help sharpen AI’s common sense. In Iconary, players must try and draw complex scenes like “a crowd celebrating a victory” or “kicking a tennis ball on a beach” while a computer program named AllenAI […]

Artificial intelligence (AI) is not going to solve all the issues the healthcare sector is facing, a new report by the Academy of Medical Royal Colleges has warned. The Artificial Intelligence in Healthcare paper, which was commissioned by NHS Digital, analysed the clinical, ethical and practical problems concerning AI in the health and social care system in […]

Adrien Coulet, lecturer at the Université de Lorraine and researchers from Stanford University have created an algorithm to predict the need to prescribe a reduced dose of medication for a patient rather than a standard dose. The research, which was published on the scientific journal Nature, is based on an existing automatic learning method called “Random […]

Online food ordering and delivery service Swiggy has acqui-hired, a start-up which specialises in applying deep learning and computer vision for object recognition in videos, the company revealed on Monday. The acquisition, which amount has not been disclosed, will aim for Swiggy to increase their artificial intelligence (AI) and machine learning capabilities. Specifically,  The Bengaluru-based AI […]

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