Toyota To Invest USD 1Billion To Establish Artificial Intelligence Research Unit In Silicon Valley

(Photo : Getty Images) Japanese auto maker Toyota has announced it is going to invest $1 billion in a new Silicon Valley research center to be named Toyota Research Institute. Toyota’s research lab will work to develop artificial intelligence and robots as part of the company’s drive to create future cars and consumer products. Like Us on Facebook The new R&D center for Toyota’s artificial intelligence work will begin operations in January next year at a facility in Silicon Valley near Stanford University in Palo Alto, California, U.S.A.  A second facility will be established near Massachusetts Institute of Technology in Cambridge, reported ITProPortal. The investment, which will be spread over five years, is in addition to the $50 million investment Toyota announced earlier for artificial intelligence research at Stanford and…


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