State of European Tech: Investment in ‘deep tech’ like AI drops 13%

The latest State of European Tech report highlights that investment in “deep tech” like AI has dropped 13 percent this year.

Data from Dealroom was used for the State of European Tech report. Dealroom defines deep tech as 16 fields: Artificial Intelligence, Machine Learning, Big Data, Augmented Reality, Virtual Reality, Drones, Autonomous Driving, Blockchain, Nanotech, Robotics, Internet of Things, 3D Technology, Computer Vision, Connected Devices, Sensors Technology, and...

8 December 2020 | Europe

CDEI launches a ‘roadmap’ for tackling algorithmic bias

A review from the Centre for Data Ethics and Innovation (CDEI) has led to the creation of a “roadmap” for tackling algorithmic bias.

The analysis was commissioned by the UK government in October 2018 and will receive a formal response.

Algorithms bring substantial benefits to businesses and individuals able to use them effectively. However, increasing evidence suggests biases are – often unconsciously – making their way into algorithms and creating an uneven...

27 November 2020 | Adoption

Information Commissioner clears Cambridge Analytica of influencing Brexit

A three-year investigation by the UK Information Commissioner's office has cleared Cambridge Analytica of electoral interference.

Cambridge Analytica was accused in March 2018 of using AI tools and big data to influence the results of the Brexit referendum and the US presidential election. Most objective observers probably felt the case was overblown, but it's taken until now to be confirmed.

“From my review of the materials recovered by the investigation I have found...

8 October 2020 | Ethics

GTC 2020: Using AI to help put COVID-19 in the rear-view mirror

This year’s GTC is Nvidia’s biggest event yet, but – like the rest of the world – it’s had to adapt to the unusual circumstances we all find ourselves in. Huang swapped his usual big stage for nine clips with such exotic backdrops as his kitchen.

AI is helping with COVID-19 research around the world and much of it is being powered by NVIDIA GPUs. It’s a daunting task, new drugs often cost over $2.5 billion in research and development — doubling every nine years —...

5 October 2020 | Healthcare

GTC 2020: Nvidia doubles-down on its UK AI investments

Jensen Huang, CEO of NVIDIA, has kicked off the company’s annual GTC conference with a series of AI announcements—including a doubling-down of its UK investments.

NVIDIA is investing heavily in the UK’s accelerating AI sector. The company announced its acquisition of legendary semiconductor giant Arm for $40 billion back in September along with the promise to open a new AI centre in Cambridge.

“We will create an open centre of excellence in the area once home to...

5 October 2020 | Nvidia

Nvidia and ARM will open ‘world-class’ AI centre in Cambridge

Nvidia is already putting its $40 billion ARM acquisition to good use by opening a “world-class” AI centre in Cambridge.

British chip designer ARM’s technology is at the heart of most mobile devices. Meanwhile, Nvidia’s GPUs are increasingly being used for AI computation in servers, desktops, and even things like self-driving vehicles.

However, Nvidia was most interested in ARM’s presence in edge devices—which it estimates to be in the region of 180...

14 September 2020 | Adoption

Microsoft: The UK must increase its AI skills, or risk falling behind

A report from Microsoft warns that the UK faces an AI skills gap which may harm its global competitiveness.

The research, titled AI Skills in the UK, shines a spotlight on some concerning issues.

For its UK report, Microsoft used data from a global AI skills study featuring more than 12,000 people in 20 countries to see how the UK is doing in comparison to the rest of the world.

Most notably, compared to the rest of the world, the UK is seeing a higher failure...

12 August 2020 | Adoption

British AI chipmaker Graphcore claims Nvidia’s crown with GC200 processor

Graphcore, a British AI chipmaker, has unveiled a powerful new processor which takes Nvidia’s crown.

Bristol-based Graphcore ranked number one on Fast Company’s top 10 most innovative AI companies of 2020 list. Nvidia, for comparison, ranked fifth.

Fast Company’s confidence in Graphcore clearly isn’t misplaced. Announcing its GC200 processor, Graphcore says its new chip is the world’s most complex.

The GC200 processor boasts 59.4 billion transistors...

15 July 2020 | Hardware

UK and Australia launch joint probe into Clearview AI’s mass data scraping

The UK and Australia have launched a joint probe into the controversial “data scraping” practices of Clearview AI.

Clearview AI has repeatedly made headlines, and rarely for good reason. The company’s facial recognition technology is impressive but relies on scraping billions of people’s data from across the web.

“Common law has never recognised a right to privacy for your face,” Clearview AI lawyer Tor Ekeland argued recently.

Regulators in the UK...

10 July 2020 | Ethics

UK releases guidelines to help governments accelerate ‘trusted’ AI deployments

The UK has released new guidelines during the World Economic Forum (WEF) to help governments accelerate the deployment of trusted AI solutions.

AI is proving itself to be an important tool in tackling some of the biggest issues the world faces today; including coronavirus and climate change. However, some public distrust remains.

“The current pandemic has shown us more needs to be done to speed up the adoption of trusted AI around the world,” said Kay...

9 June 2020 | Adoption