Toyota to spend bn on artificial intelligence project in Silicon Valley

A conceptual futuristic female robot. Toyota is investing $1bn in artificial intelligence and robotics in Silicon Valley. Photograph: I. Glory / Alamy/Alamy Toyota is investing $1bn in a research company it is setting up in Silicon Valley to develop artificial intelligence and robotics, underlining the Japanese automaker’s determination to lead in futuristic cars that drive themselves and apply the technology to other areas of daily life. Related: Life with robots: ‘What people enjoy most is avoiding social interaction’ Toyota Motor Corp. president Akio Toyoda said on Friday the company will start running in January 2016, with 200 employees at a Silicon Valley facility near Stanford University, with a second facility near Massachusetts Institute of Technology (MIT) in Cambridge. The investment, which will be spread over five years, comes on top…


Link to Full Article: Toyota to spend bn on artificial intelligence project in Silicon Valley

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