Toyota to pour bn into robotics research in US

TOKYO — Toyota Motor will invest $1 billion over five years in a new U.S. subsidiary for artificial intelligence research, joining Google and other technology giants seeking to tap this promising, versatile field.      “Artificial intelligence and big data will become core technologies that have the potential to greatly alter our lives and society,” President Akio Toyoda told a press conference Friday, explaining the plan. “In addition to automobiles, they will come to support various industries.”      The Toyota Research Institute will be established in January in Palo Alto, California, near Stanford University, a top AI research institution. Facilities will be set up in Boston and Tokyo as well. The automaker aims to employ 200 researchers.      Gill Pratt, a leading light in AI research and organizer of the robotics challenge…


Link to Full Article: Toyota to pour bn into robotics research in US