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

Neuroengineers from Columbia University have created a system able to translate thought into recognisable, intelligible speech. By monitoring a person’s brain activity, the technology can rebuild the words a person hears with unmatched clarity. This new technology is powered by a mix of speech synthesizers and artificial intelligence and could lead to new ways for computers […]

Scientists from the Institute for Computational Sustainability (ICS) at Cornell University have developed a deep learning model able to correct location biases in citizen science. The model has been trained on data from the Cornell Lab of Ornithology’s eBird, which collects more than 100 million bird sightings submitted annually by birdwatchers worldwide. Citizen science is […]

Tokyo-based financial services giant SBI Holdings is considering an investment in British identity start-up Onfido, The Sunday Telegraph revealed yesterday. According to the paper, this would be the first time for a UK company to receive funding from SBI’s new artificial intelligence (AI) and blockchain division. SBI, which is a spin-off from technology investing powerhouse Softbank Group, has […]

UK Health Secretary Matt Hancock has warned social media companies they could face a ban if they fail to promptly remove self-harm and suicide content. Speaking on the BBC’s Andrew Marr show on Sunday, Hancock said: “If we think they need to do things they are refusing to do, then we can, and we must […]

Matt Hancock speaking at the Blockchain Partnership event that was held at the Digital Catapult Centre, London, on Tuesday 26 April 2016.

Google has granted Wikipedia an additional $3.1 million investment, as well as given the foundation several of its machine learning tools to use for free, the company announced at the World Economic Forum on Tuesday. Roughly a third of those funds will support current projects at the Wikimedia Foundation, the non-profit behind Wikipedia, and the […]

London-based start-up Flexciton has raised £2.5 million in a funding round led by Backed VC, TechCrunch reported today. The company is using AI to help factories optimise production lines, and pitched at EF’s 6th London demo day in 2016. Flexciton AI solutions optimise the way manufacturers plan and schedule “multi-step production lines” and reduce much of the […]

Facebook will donate $7.5 million for the creation of The Institute for Ethics in Artificial Intelligence, the company revealed. The announcement was made yesterday during a speech by COO Sheryl Sandberg at the Digital Life Design (DLD) conference in Munich, Germany. The new centre, which Facebook will fund over the course of five years, will investigate […]

Machine learning company Seldon has secured £2.7m in Seed round led by Amadeus Capital Partners, the company announced on Wednesday. Among other investors are Global Brain Corporation, a large Japanese deep technology venture capital investment firm with global presence in Tokyo, London, Seoul, Singapore and San Francisco, and Techstars, who have been supporting Seldon since […]

Researchers from the Champalimaud Foundation, a private biomedical research lab in Portugal, trained two neural networks to identify and track individual animals within a group. The aim of the study would be to automate the process of studying the behaviour of animals in their communities, The Register reported. “The ultimate goal of our team is […]

CEVA, a leading licensor of signal processing platforms and AI processors for connected devices, announced today the opening of a new research and development facility in Bristol, United Kingdom. The new Research and Development (R&D) centre will enable the company to access the world-class engineering talent the city has to offer, strengthening its R&D capabilities and […]

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