Toyota Establishes Toyota Research Institute in US for Focus on Artificial Intelligence

Toyota bets big on AI. During a press conference in Tokyo, Japan today, Toyota Motors announced it is establishing the Toyota Research Institute in the United States, and the primary focus of the company is to research and develop artificial intelligence and robotics for Toyota. The company will be situated in Silicon Valley close to the Stanford University in Palo Alto, California, while another facility will be situated close to the Massachusetts Institute of Technology in Cambridge, Massachusetts; and operations will commence at the company by January 2016. Toyota wants to explore artificial intelligence because of its potentials to sustain industrial technologies. To this end, Toyota is injecting $1 billion over the next five years, and this will be used to fund operations and maintain staff while putting all structures…


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