Toyota launching billion artificial intelligence R&D company in the U.S.

DETROIT, MI – Toyota Motor Co. is spending $1 billion over the next five years to launch a new, Silicon Valley-based company that will focus on artificial intelligence and robotics.  The Japanese automaker says it hopes the new company, Toyota Research Institute Inc., or TRI, will bridge the gap between research and product development. One clear focus is autonomous driving, and the effects it could have on society going forward. The new company’s CEO, Gill Pratt, broke it down like this: “Our initial goals are to: 1) improve safety by continuously decreasing the likelihood that a car will be involved in an accident; 2) make driving accessible to everyone, regardless of ability; and 3) apply Toyota technology used for outdoor mobility to indoor environments, particularly for the support of seniors.” Pratt,…


Link to Full Article: Toyota launching billion artificial intelligence R&D company in the U.S.