Toyota makes bn bet on artificial intelligence and robots

Toyota is investing $1bn in a new R&D lab in Silicon Valley that will develop artificial intelligence and robots. Japanese car maker Toyota is investing $1bn in a new R&D lab in Silicon Valley that will develop artificial intelligence and robots as part of its drive to create cars and consumer products of the future. The new lab will begin operations in January with 200 employees at a facility near Stanford University. A second facility will be established near MIT in Cambridge Massachusetts. The investment follows a $50m investment in artificial intelligence research at both MIT and Stanford. Toyota looks beyond self-driving cars Toyota is aiming to look beyond autonomous driving experiences currently inspiring large car makers and tech giants like Google and Apple and focus instead on technologies that…


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