Toyota Makes Bln Investment In A.I. Research For Smarter Cars, Robots

When most people think about Toyota, they think of a modest line of fuel-efficient cars, trucks, vans, and SUVs. While this is certainly the main focus of the company, Toyota also has interests in robotics and assistance technologies. In an announcement on Friday, Toyota Motor Corp. President Akio Toyoda announced a $1 Billion investment in an in-house research group tasked with Artificial Intelligence and Robotics research. The first facility for this research group, dubbed Toyota Research Institute Inc., will start operating in January at a location near Stanford University. This facility will employ 200 people. A second location will join in the research in Massachusetts close to MIT. The entire operation will be headed by former DARPA program manager and robotics expert Gill Pratt. While it would be easy to guess that Toyota…


Link to Full Article: Toyota Makes Bln Investment In A.I. Research For Smarter Cars, Robots