The Morning Download: Toyota Ramping Up Investments in Artificial Intelligence

Jun 20, 2016 7:58 am ET Good morning. Toyota Motor Corp. plans to integrate artificial intelligence into its vehicle safety systems within five years, the head of its new Toyota Research Institute says. The effort reflects the growing role of AI and robotics in business, a wave that cuts across industries and markets. Gill Pratt, CEO of the research group, says the institute will spend $1 billion during the next five years to develop systems that can “act and take some control from drivers to perform evasive maneuvers,” Reuters reports. The effort is “a key platform of Toyota’s efforts to produce a car which can drive automatically on highways by the 2020 Tokyo Olympics,” Reuters says. Other automakers, from Nissan Motor Co. Ltd. and Honda Motor Co. Ltd. in Japan, to Bayerische Motoren Werke…


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