Toyota to invest Bn in artificial intelligence-based driving systems

Toyota Motor is targeting developing in the next five years driver assistance systems that integrate artificial intelligence (AI) to improve vehicle safety, the head of its advanced research division said.Gill Pratt, CEO of recently set up Toyota Research Institute (TRI), the Japanese automaker’s research and development company that focuses on AI, said it aims to improve car safety by enabling vehicles to anticipate and avoid potential accident situations.Toyota has said the institute will spend $1 billion over the next five years, as competition to develop self-driving cars intensifies.Earlier this month, home rival Honda Motor Co said it was setting up a new research body which would focus on artificial intelligence, joining other global automakers which are investing in robotics research, including Ford and Volkswagen AG.”Some of the things that are…


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