Toyota to come up with smart cars

Toyota on Friday announced plans to invest $50 million into building artificial intelligence into cars, an indication it could be joining the race to develop driverless vehicles. The joint research with Stanford University and the Massachusetts Institute of Technology will take place over the next five years, Toyota Motor Corporation said, emphasizing its interest in technology that could be used by people as they grow old or become less able to drive safely. “We will initially focus on the acceleration of intelligent vehicle technology, with the immediate goal of helping eliminate traffic casualties and the ultimate goal of helping improve quality of life through enhanced mobility and robotics,” Toyota’s research and development chief Kiyotaka Ise said in a statement. Lab efforts will be directed by former US Defense Advanced Research…


Link to Full Article: Toyota to come up with smart cars