Toyota gears up on futuristic cars: Invests USD 1 billion on artificial intelligence and robotics R&D

Zee Media Bureau New Delhi: Toyota Motor Corporation is setting up a a new company, Toyota Research Institute Inc., an R&D enterprise, which will focus on artificial intelligence and robotics. The focus of the R& D projects at Toyota Research Institute will be to improve safety by continuously decreasing the likelihood that a car will be involved in an accident, make driving accessible to everyone, regardless of ability, and apply Toyota technology used for outdoor mobility to indoor environments, particularly for the support of seniors.  The company will have the headquarter in Silicon Valley, California, U.S.A and will begin operations in January 2016.  A second facility of the new company will be located near the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts, U.S.A.  Toyota said that the company believes…


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