Toyota makes a billion bet on artificial intelligence with a focus on self-driving cars

Toyota is making a $1 billion bet on artificial intelligence with a particular focus on self-driving cars, expanding on a recent investment in the field. The impetus for the bolder step into an arena populated by the likes of Google, Apple, and Facebook: the 2020 Olympic and Paralympic Games in Tokyo.The big R&D investment by Toyota is a marked change from the Japanese automaker’s typically guarded approach to automated driving. Company President Akio Toyoda admitted that the company used to say that it would dive into that space only if a self-driving car could beat humans in a 24-hour race. Related: Who’s liable in self-driving car accidents? “But I changed my mind after I got involved with planning of the 2020 Olympic and Paralympic Games (in Tokyo),” he said, adding…


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