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

Former CEO and MD of Infosys Vishal Sikka has announced his latest venture, Vianai Systems, during his keynote address at the Oracle Open World event yesterday. Sikka’s presentation showcased an integrated and exploratory experience for building and deploying artificial intelligence (AI) projects for enterprise. A particular highlight of the presentation was a feature in the […]

Artificial intelligence (AI) company Trifacta has just secured $100 million in a new funding round, The Australian reported on Monday. The investment was led by Telstra Ventures with participation by Google, BMW iVentures, Energy Impact Partners, NTT DOCOMO Ventures, ABN AMRO Digital Impact Fund, Accel Partners, Cathay Innovation, Greylock Partners, Ignition Partners, and Infosys. Commenting on […]

Insilico Medicine, a company using artificial intelligence (AI) for drug discovery, published a paper on Monday describing new machine learning techniques designed to substantially accelerate and improve the drug discovery process. The paper, which was published in  Nature Biotechnology, is titled “Deep learning enables rapid identification of potent DDR1 kinase inhibitors.” The findings describe a […]

Digital finance platform Frollo revealed on Monday its intentions to acquire Hip Money, an Australian-based tech startup using artificial intelligence (AI) to help users reduce debt and optimise savings. Frollo said Hip Money‘s AI technology will be used to improve the company’s free personal finance and budget management app by providing end-users with automated recommendations to […]

Cisco has announced plans to acquire Customer Experience Management (CEM) company CloudCherry, the security firm announced on Monday. The acquisition will allegedly close in the first quarter of Cisco’s fiscal year 2020, but it is still currently subject to closing conditions and approvals.  As part of the deal, the CloudCherry team will join Cisco’s Contact […]

Artificial Intelligence company Databricks announced on Tuesday that its Unified Analytics Platform now offers automation and augmentation throughout the machine learning lifecycle. The new platform’s features will not only automate machine learning model building but also data preparation and model deployment, thus making these new automated machine learning (AutoML) capabilities usable by both expert and citizen […]

Startup, which claims to use artificial intelligence (AI) to build apps, would be using human engineers instead, a report by the Wall Street Journal alleged on Wednesday. The startup’s website claims that its “Human-assisted AI” technique is capable of building apps for customers in a few clicks. However, the Wall Street Journal spoke with several former […]

Indian cab aggregator Ola has announced the acquisition of Bengaluru-based artificial intelligence (AI) startup on Tuesday. As part of the deal, which value was not disclosed,  the team at including founders Inder Singh and Ritwik Saikia will join Ola. “We are looking forward to joining Ola in its mission to build mobility for a […]

Amsterdam-based blockchain company Bitfury has just launched its artificial intelligence (AI) division, Reuters reported on Tuesday. The company said the new division will use Bitfury’s existing hardware and software technologies to build integrated product solutions, as well as cloud-to-edge enterprise solutions for corporations and governments. Talking to Reuters, the firm’s co-founder and CEO Valery Vavilov […]

Researchers at Google’s DeepMind Health have developed an artificial intelligence (AI) able to spot symptoms of acute kidney injury (AKI) 48 hours before doctors. The study, which was published in the journal Nature last week, describes how the AI uses inputs such as blood tests, heart rates and blood pressure to perform its calculations. DeepMind fed the AI […]

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