Toyota to set up artificial intelligence research unit in US

Reuters News | Nov 05, 2015 TOKYO (Reuters) – Toyota Motor Corp said on Friday it will set up a research & development company with a focus on artificial intelligence technologies in Silicon Valley, and plans to invest $1 billion over the next five yeas. The new firm, Toyota Research Institute, will be led by CEO Gill Pratt, Toyota’s executive technical advisor, and will have a second facility near the Massachusetts Institute of Technology in Cambridge, it also said. (Reporting by Hideyuki Sano)


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