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

The UK government has announced an investment of up to £18.5 million to support diversity in artificial intelligence (AI) and data science roles. Of these funds, £13.5 million will be poured in 1000 scholarships for people from underrepresented groups as well as funding 2500 artificial intelligence and data science conversion degrees. The remaining £5 million […]

British companies not investing in artificial intelligence (AI) may risk losing 20 per cent of their cash flow, according to a new report by the McKinsey Global Institute. As reported by The Telegraph, the new figures show AI could boost the UK economy by 22 per cent in the next decade and substantially increase companies’ productivity. […]

The UK government has named experts from industry, academia and data rights organisations to create a new advisory board for artificial intelligence (AI) regulations, a press release on the Gov.UK site revealed today. Ocado and Google DeepMind executives are among the experts appointed to the new board, which will promote AI adoption and ethical use in organisations and businesses […]

UK tech start-ups are seeing a decrease in the number of overseas talents joining their founders, a new survey by VC firm Atomico revealed last week. The survey was conducted on 5,000 tech workers and it showed that, while European start-ups outside the UK still managed to attract more overseas talent to their businesses, UK […]

The Silicon Valley Comes to the UK (SVC2UK) programme will return to the UK this November for its 12th edition. It will take place between 6-9 November 2018, with 12 events being organised across London and Cambridge, and will bring together the top entrepreneurs and VCs from Silicon Valley, together with students, early-stage CEOs, serial […]

The UK government will set up a new internet regulator holding tech firms accountable for content published on their platforms, BuzzFeed revealed on Thursday. According to the report, the regulator would also be able to sanction firms if them if they fail to take down hate speech and illegal material and within hours. It comes […]

UK Prime Minister Theresa May outlined her vision for an United Kingdom leading the global conversation on Artificial Intelligence in a tech-focused speech in Davos. In her address at the World Economic Forum, May almost totally eluded the nagging issue of Brexit, instead deciding to reinvent herself as the standard-bearer of safe, ethical AI. May […]

British technology startups secured more venture capital money from Silicon Valley than companies in any other major European countries,  despite a looming Brexit. Over the last five years, according to London& Partners, UK tech companies bagged more Bay Area investment than France, Germany and Ireland combined. In that period, London technology startups raised $2.5 billion (£1.9 billion); the […]

The House of Lords’ Select Committee on AI has put out a “call for evidence” on the implications of artificial intelligence— from an economic, ethical, and social point of view. The Committee, which was appointed on 29 June, wants companies and individuals to come forward and provide insights on several questions related to the rise of […]

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 […]

Subscribe to our newsletter