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

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 […]

Optical technologies company NexOptic has just revealed a significant upgrade of its suite of artificial intelligence (AI) products. The company’s Advanced Low Light Imaging Solution (“ALLIS”) software focuses on reducing image noise problematics of camera systems. ALLIS’s noise reduction capabilities are able to provide real-time correction of images or video taken in non-optimal lighting conditions. […]

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 […]

The Joint Artificial Intelligence Center (JAIC) in the US revealed plans to hire an ethicist to help guide the Defense Department’s development and application of artificial intelligence (AI) technologies. The announcement was made by Air Force Lieutenant general and JAIC‘s director Jack Shanahan last week when he spoke at the Pentagon. Shanahan, who is known […]

A team of researchers in Portugal has shown how a new mathematical theory based on a study from 25 years ago can make machine recognise complex images much faster than previous algorithms. Published in the scientific journal Nature Machine Intelligence, the new study from the Champalimaud Centre for the Unknown in Portugal describes the application […]

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 […]

Billionaire tech tycoons Jack Ma and  Elon Musk debated the future of artificial intelligence (AI) on Thursday at the World Artificial Intelligence Conference in Shanghai, China. The conversation kicked off the event and saw the Chinese co-founder of Alibaba and the Tesla and SpaceX creator discussing several topics, from technology to Mars, jobs and even death. […]

The global artificial intelligence (AI) chip market would be headed for a compound annual growth rate of 45.2% between 2019 & 2025, according to a new report from ResearchAndMarkets. The document shows how the global AI chip market size was valued at $6,638 million in 2018 and is now projected to reach $91,185.1 million by […]

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 […]

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