Toyota to Invest Billion in Artificial Intelligence Firm

ENLARGE Visitors take pictures of Toyota’s Prius at the 44th Tokyo Motor Show in Tokyo, Japan, November 5, 2015. Toyota’s planned artificial intelligence research company is the latest sign of the merging paths of Silicon Valley and the automotive sector. Photo: Reuters By Yoko Kubota Yoko Kubota The Wall Street Journal CANCEL Biography @Kubota_Yoko yoko.kubota@wsj.com Nov. 6, 2015 1:17 a.m. ET 0 COMMENTS Toyota Motor Corp. TM 1.05 % is investing $1 billion over five years to establish a new artificial intelligence and robotics research company, the world’s biggest auto maker said Friday. The company, called Toyota Research Institute, will be based in Silicon Valley and will be headed by Gill Pratt, who worked at the U.S. defense department’s robotics arm and joined Toyota earlier this year, Toyota said. Toyota’s…


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