City tycoon Alan Howard joins multi-million dollar round for AI tech startup Quant Insight July 5, 2018 Hedge fund tycoon and City veteran Alan Howard has backed a series B investment round into London macro analytics startup Quant Insight (QI). Additional backing came from Stone Milliner Asset Management’s Jens-Peter Stein, in a round understood by City A.M. to hold a multi-million dollar valuation. QI also said that over 80 per cent of [...]
UK and France to lead the way on cross-border tech collaboration for data and artificial intelligence innovation July 5, 2018 The UK and French governments will today sign a five-year accord to work together on digital industry innovation, committing the two countries to cooperate on innovation, artificial intelligence, data and digital administration. Digital secretary Matt Hancock is in Paris this morning to announce the partnership alongside his French counrterpart, Mounir Mahjoubi. The aim will be [...]
Behind the deal: Benjamin and Ariane de Rothschild revealed as backers of London tech startup Exo Investing July 3, 2018 London wealthtech startup Exo Investing has today announced the close of a €16.5m (£14.6m) seed round last summer, powered by a private investment from Benjamin and Ariane de Rothschild. The round also included backing from Madrid-based asset management firm ETS, and Daniel Treves and Hugo Ferreira, both former heads of La Compagnie Benjamin de Rothschild. [...]
Wimbledon 2018: Zverev, Dimitrov, Del Potro, Kyrgios, Cilic – Can anybody challenge Federer and Nadal? July 1, 2018 Roger Federer and Rafael Nadal have a stranglehold on men’s tennis. It’s not the first time the two greats of the game have combined to monopolise the grand slams, but with those two legends aged 36 and 32 respectively some might have expected their superpowers to be on the wane. They’re not. Federer and Nadal [...]
Tesla chief executive Elon Musk has been embroiled in a Twitter dispute over a farting unicorn June 28, 2018 Elon Musk, a Colorado potter, and a farting unicorn walk into a bar, followed by a punchline about copyright infringement. The Tesla chief executive has been accused of using an image of a farting unicorn for commercial purposes without permission or compensation. The original image was first tweeted by Musk last year and had previously [...]
Deep learning: Belgium’s secret weapon for England’s World Cup group decider June 27, 2018 England manager Gareth Southgate has long been be familiar with the threat posed by some of the supreme talents in the the Belgium squad such as Eden Hazard, Romelu Lukaku and Kevin De Bruyne. Yet the Red Devils have a less well-known weapon at their disposal for tonight’s World Cup match in Kaliningrad, effectively a [...]
Peltarion, the AI platform used by Nasa, Tesla and Deutsche Bank, has opened a London office June 26, 2018 Swedish artificial intelligence (AI) startup Peltarion has launched a new office in London. The office has been created with global expansion in mind, with staff being hired for digital sales and marketing as well as tech development. Peltarion's operation AI platform, which enables companies to produce real-world AI applications at scale and speed, launched in [...]
Peltarion, the AI platform used by Nasa, Tesla and Deutsche Bank, has opened a London office June 26, 2018 Swedish artificial intelligence (AI) startup Peltarion has launched a new office in London. The office has been created with global expansion in mind, with staff being hired for digital sales and marketing as well as tech development. Peltarion’s operation AI platform, which enables companies to produce real-world AI applications at scale and speed, launched in [...]
Wimbledon to serve up highlights packages using IBM artificial intelligence technology June 26, 2018 The Wimbledon tennis tournament, which starts next week, will use artificial intelligence (AI) technology to help compile its highlights packages this year. The All England Lawn Tennis Club and technology partner IBM said the Watson AI platform had been taught to recognise players’ emotions, which it would combine with an analysis of crowd noise, players’ [...]
Doctor’s orders: how tech can help the NHS June 21, 2018 THE PRIME Minister’s recent pledge to increase the National Health Service budget by £20bn a year may have been an attempt to win over voters and distract the public from cabinet rows, Tory rebels, and near constant complaints about her handling of Brexit. Instead, the announcement drew fresh criticism about how the proposed funding increase, [...]