Toyota Announced Million Investment in AI-Powered Cars

Toyota Announced $50 Million Investment in AI-Powered Cars, a joint research ventures under the auspices of MIT and Stanford and led by Gill Pratt, former director of DARPA Toyota announced $50 million investment in AI-powered cars during a press conference held today. In a market increasingly interested in the development of autonomous technologies powering our vehicles, including fully autonomous cars, Toyota decided to join the ranks. The 50 million dollars investment is to be directed in a joint research venture featuring the brightest of Stanford and the Massachusetts Institute of Technology. Mainly, the funds will be used to build joint research centers at the two top-notch institutions. The joint research centers will be focused on artificial intelligence development with a strong focus on car technologies. According to the details set…


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