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London based AI start-up Faculty has raised a cool £30m in a round led by Apax Digital Fund, taking total funding to almost £40m.
Founded in 2014, the company has built itself by providing a combination of strategy, software and skills to clients, using its team of data scientists to apply their skills to clients’ real world business issues using Faculty’s own cloud based data science platform. The Faculty approach provides AI as a Service where the service aspect includes AI techniques applied to specific business issues and support for clients from Faculty’s AI/ML specialists. The company has a team of 50+ PhD’s in STEM subjects, and says 5%-10% of UK maths, physics and engineering postgrad students apply to its Fellowship programme. The programme helps graduates develop real world experience, including the business skills around the tech topics, through 8 week bespoke paid projects with clients, and helps organisations recruit data scientists.
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Lack of digital skills may deprive women of healthcare, education, work, and financial independence.
Access to technology is not equal between men and women in all countries.
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Air India said the cyber-attack affected the information of about 4.5 million customers.
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Innovation and technology are powerful engines of prosperity, inclusion and resilience that will drive radical benefits across society – from decarbonisation to healthier lives and high-value jobs.
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Major UK banks, insurers and asset managers are taking part in a landmark survey on menopause, amid fears that a lack of support may be hindering gender equality and blocking women from taking senior roles across the City.
Standard Chartered, which has commissioned the women’s rights charity the Fawcett Society to survey more than 300,000 workers in the financial sector, said the menopause must be considered a “workplace issue”.
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Click here to watch the GSA Women in Sourcing - Supporting the Menopause Webinar
“Data is the great opportunity of our time”. That is the opening statement of Rt Hon Oliver Dowden MP in his Ministerial Foreword within the Government’s response to the consultation on the National Data Strategy. It sets the scene as Government attempts to change the narrative around data from one associated with ‘risk’ to one associated with ‘opportunity’. The Government wants data to be viewed as a strategic asset.
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IBM is set to buy Brussels-based Salesforce Platinum Consulting Partner, Waeg.
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Among the measures in the framework are requirements to ensure data is protected at rest and in transit, keeping secure and accessible backups of data along with cybersecurity training for staff.
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AI is going to play a much bigger part in our lives in the near future, but we need to do more to make sure that the outcomes are beneficial to the society we aim to serve. That can only happen if we continue to develop better use cases and prioritise diversity when creating AI systems.
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Russia’s Foreign Intelligence Service (SVR) director Sergei Naryshkin had said he was “flattered” by the accusations from the UK and US but denied involvement.
The hack is considered the largest and most sophisticated cyber-attack so far.
Please click here to read the full article on BBC News