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

Anki, a San Francisco-based startup famous for artificial intelligence robotic products such as Vector, Cozmo, and AnkiDrive, is allegedly closing down after failing to secure further funding. Despite raising around $200 million in venture capital since its creation nine years ago, the company would have run out of funds after a potential deal failed on […]

The head of MI6 called for the urgent need of a new era of spying in which artificial intelligence (AI) and robotics are deployed to combat rogue states in “perpetual confrontation” with the UK. Speaking to students at the University of St Andrews, Alex Younger described how intelligence agencies are developing a “fourth generation” of […]

Everyone will have a household robot helping with all sorts of chores at home within five years, predicted Toru Nishikawa, 35-year-old founder CEO of Preferred Networks, one of the biggest tech start-ups in Japan. “We want to bring such robots to the market within five years and see them being used. Ten years is too […]

Artificial intelligence robots able to scans battlefields for hidden attackers have been successfully trialled by the British Army. Futuristic science developed at Dstl to give troops the edge in urban combat being tested at Contested Urban Environment trial #CUE18MTL pic.twitter.com/ksGKrdu885 — Dstl (@dstlmod) September 17, 2018 The new technology, developed by the Defence Science and […]

UPDATE: Ars Technica reports that on Thursday, following the backlash, SPCA decided to stop using Knightscope robots. A charity took flak after using bulky security robots to keep homeless people away from its animal shelter in San Francisco. Knightscope security automata have been around since 2013 and are a familiar presence in Silicon Valley and elsewhere. Earlier this year, the […]

The United States of America are falling behind in the Artificial Intelligence arms race, as China and Russia are striding ahead with the creation of AI-powered weapons, a new report revealed. The study— by data analysis group Govini and ex US Deputy Secretary of Defence Robert Work— flagged up how the American Department of Defence risks losing […]

Robots threaten to steal almost fifty percent of Scottish jobs in about a decade, a new report suggests. According to the Institute for Public Policy Research (IPPR )Scotland, 1.2 million jobs —about 46 percent of the country’s total— are likely to be automated by 2030. The think tank recommended that adult workers go through more training and […]

PwC has released a report called “Will robots steal our jobs?” It’s not the first report on the subject and it certainly won’t be the last. But coming from the world’s second-largest professional services firm, it deserves attention. (Disclosure: PwC is an occasional client of mine.) As you’d expect, the report offers a thorough and […]

The UK is about to start a review of the impact of artificial intelligence  on the country’s economy. The review, which is part of Whitehall’s new Digital Strategy, will be carried out by University of Southampton’s computer science professor Wendy Hall, and the CEO of artificial intelligence startup BenevolentAI, Jerome Pesenti. According to WIRED UK, the review will […]

European MPs called for the creation of new rules on robotics and artificial intelligence in order to guarantee safety and respect of “human dignity.” In a resolution passed on Thursday by 396 votes to 123, the European Parliament asked the Commission—the Union’s governing body— to take the lead on implementing robotics regulation, and set up […]

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