Toyota to Invest Million in New Artificial Intelligence, Partner With Stanford and MIT

Toyota said Friday that it has hired a top DARPA official to lead a new five-year, $50 million effort to boost its artificial intelligence and autonomous driving efforts. The company will establish labs in partnership with Stanford and the Massachusetts Institute of Technology. Heading the effort will be Gill Pratt, who until recently was at the Defense Advanced Research Projects Agency. Pratt headed up DARPA’s robotics challenge, among other projects. Toyota Senior Managing Officer Kiyotaka Ise said he and Pratt share a common vision for what artificial intelligence can bring to the table. “It should save lives, it should improve quality of life and it should continue to be fun,” Ise said, speaking at an event in Palo Alto, Calif. Toyota officials downplayed concerns that they were trailing behind Google…


Link to Full Article: Toyota to Invest Million in New Artificial Intelligence, Partner With Stanford and MIT