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

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 […]

The UK government has just announced plans to use artificial intelligence (AI) to help drivers avoid holiday jams in the future. A press release on the GOV.UK website said these improvements will be done by opening data access to planned changes to the road network to tech firms, thus allowing them to predict and solve […]

Data Analytics platform Glassbeam released today a machine learning update of its Rules & Alerts engine designed to create and maintain rule-based notifications. These new artificial intelligence-powered capabilities will allow users to trigger alerts based on anomalous values on various types of sensor and log data. Glassbeam said that combining this with several other features […]

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 […]

Russia’s Center for Artificial Intelligence Research at The Moscow Institute of Physics and Technology (MIPT) and Huawei started collaborating on artificial intelligence projects, according to a press release published on Monday on the MIPT website. As the first step of this collaboration, Huawei has translated into Chinese the Artificial Intelligence report (Almanac), released by the Center for Artificial Intelligence […]

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