Toyota Pumps Up Autonomous Driving Investment

Toyota investing $1 billion to explore future of transportation. Toyota will set up its third Toyota Research Institute facility as part of its rapidly escalating efforts to develop advanced technology, including the artificial-intelligence systems that will help guide the future’s fully automated vehicles. The new operation, which will be set up in conjunction with the University of Michigan near its Ann Arbor, MI, campus, is the third such research facility from the Japanese automaker in recent months. It joins TRI’s tie-ups with Stanford University in Palo Alto, CA, and at the Massachusetts Institute of Technology in Cambridge, MA. About 15 people will transfer to the Ann Arbor facility from the nearby Toyota Technical Center in York Township, MI, but the staff will be increased to 50 by the time the…

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