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How is The UK planning to dominate AI even further?

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The UK recently published its National AI strategy that outlines its vision to maintain, build on and sustain its past position within AI. The intention is to build the most "pro-innovation regulatory environment in the world" that drives AI prosperity within the nation and helps solve some of the pressing problems the UK and the world are facing currently such as climate change. The country already has had a long and exceptional history in AI -- from Alan Turing's early work-through to DeepMind's recent feats such as AlphaFold. UK comes in the top nations in terms of AI startups, research, and private capital invested within AI. In 2020, it ranked third in the world for private investment into AI companies, behind only the USA and China.


12 futuristic cities being built around the world, from Saudi Arabia to China

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With world's population continuing to increase and climate change drastically affecting our environment, many metropolises are struggling to grow, develop and even support citizens within current and traditional urban designs. Governments, entrepreneurs and technology companies are employing some of the world's leading architects and designers to rethink the idea of cities, how people can interact and how to live within them. From reclaimed land, groundbreaking skyscrapers in the desert and cities rising in the metaverse, here are 12 incredible futuristic cities redefining the urban spaces we live in. The $500 billion Neom project in Saudi Arabia is set to be home to a record-setting 170-kilometre-long skyscraper called the Mirror Line. It will be the world's largest structure, comprising of two buildings up to 490 metres tall, running parallel to each other.


Singtel adds $100M to startup investment arm

ZDNet

Singtel Group will pump another $100 million into its investment arm, Innov8, in a bid to nurture startups with technologies that are aligned with the telco's own focus. The funds also will expand its investment portfolio across regional and global markets, including Southeast Asia and Australia. The latest funds injection pushes the Singapore carrier's total capital in Innov8 to $350 million, which was first set up in 2010. The VC arm since had invested in more than 95 startups, including 35 exits, of which four were unicorns, Singtel said in a statement Tuesday. It added that Innov8 invested in startups that were in line with the group's businesses spanning 5G, artificial intelligence (AI), sustainability, cybersecurity, digital economy, and other emerging technologies.


Burns & Levinson Represents Syrup Tech in $6.3 Million Seed Funding Round

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Burns & Levinson represented Syrup Tech, the AI-powered predictive software platform for inventory excellence in commerce, in its $6.3 million seed funding round led by Gradient Ventures, Google's AI-focused venture fund. The round also included Flybridge Capital, Firstminute Capital, Rackhouse Ventures, as well as Angel investors including (former) executives at Adidas, Bonobos, Salesforce, ASOS, ThredUp, Casper, Zalando, and Stripe. The Burns & Levinson team was led by partner Robert Chow with assistance from associate Michael Andreasen. "We have been working with Syrup Tech since their founding in 2020 and are excited to be part of this next phase in the company's growth," said Chow. "Inventory planning is a critical issue for retailers and manufacturers, and this seed funding round will enable Syrup Tech to take its innovative solutions to the next level. We look forward to supporting their ongoing success as they expand their team and service offerings and explore new growth opportunities."


Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates

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This is our AI Daily Roundup today. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives. Businesses are immensely benefiting from AI adoption.


Big Data Engineer

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INTRACOM TELECOM is a global telecommunication systems and solutions vendor operating for over 40 years in the market. The company innovates in the wireless access and transmission field, offers a competitive telco software solutions portfolio and combines its offerings with a complete range of professional services. Our mission is to shape the future through technology and we recognize that human capital is the key factor to achieve this in today's business environment. Our company's highly specialized and experienced personnel are pivotal to achieving demanding objectives and advancing the capabilities of the company to better serve its customers. Within this framework, we are looking for a highly-motivated " Big Data Engineer" to join INTRACOM TELECOM's Business Support Systems.


Syrup Tech developing some sweet inventory-planning software – TechCrunch

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Knowing how much and which kind of inventory your brand needs involves a complex web of data that companies often keep up with via spreadsheets or legacy systems that don't provide a full picture of the business. Syrup Tech, now armed with $6.3 million in new funding, is feeding all that data, like transactions, marketing and inventory, and combining it with other data, like social media trends and even the weather, to spit out predictive inventory recommendations using artificial intelligence and machine learning. This way, merchandisers and planners have better information on what they need and can reduce some of the waste. "I was at McKinsey previously, and was shocked to see merchandisers spend hours on spreadsheets," James Theuerkauf, co-founder and CEO of Syrup Tech, told TechCrunch. "My thought was to let the AI do the number-crunching and let the merchandiser make the creative decisions using the AI as support."


Celus, which uses AI to automate circuit board design, raises $25.6M – TechCrunch

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Just about every electronic contraption you care to think of contains at least one printed circuit board (PCB), which serves to house and connect the various components that allow the device to function as a whole. While circuit boards are mostly invisible to end-users, they are foundational to the world they inhabit, powering smartphones, automobiles, microwave ovens, garage doors, and the entire connected world. Thus, the global PCB market is big business, expected to grow from a $60 billion industry in 2020 to $75 billion by 2027. And it's this sector that Germany-based Celus wants to capitalize on, with an automated platform spanning the whole circuit board design process from ideation to printed PCB. To accelerate its mission to "automate electronics design," Celus today announced it has raised €25 million ($25.6 million) in a series A round of funding.


Director of Data Science

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We offer a competitive salary, stock options, a comprehensive benefits package, including health and dental insurance, unlimited PTO, parental leave, tuition reimbursements, and much more!


London Mayor pledges £500,000 for city's data economy

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Mayor of London Sadiq Khan has announced £500,000 in funding to support the capital's data economy, coincident with the first day of London Tech Week. The money will go into Data for London, a platform which will, according to a statement from the Mayor's office, be a "central library for the vast amount of data held across the capital, enabling Londoners to access both public and private data more easily". The new "library" is a development of the Greater London Authority's London Datastore, set up in 2010, which contains 6,000 datasets. It houses a Coronavirus Hub, which was accessed more than five million times in nine months during the pandemic. It also contains a Planning Datahub, which holds data on more than 450,000 planning proposals, as well as an Infrastructure Mapping Application, which is used by utility companies to try to reduce the congestion and disruption caused by roadworks.