Toyota’s B Investment In Artificial Intelligence And Robotics Puts It At Forefront Of Autonomous …

Japanese car giant Toyota will make a huge $1 billion investment into artificial intelligence and robotics with the establishment of two centers of excellence in the U.S. as it seeks to keep pace with technology companies seeking to disrupt the business. With the traditional car industry clearly worrying about the disruption being caused by companies like Apple, Google and Tesla, it is no surprise that a company like Toyota, which is looking to protect its position as the world’s biggest carmaker, is making such an investment. The $1 billion, five-year investment will see a center of excellence set up in Silicon Valley with 200 engineers based near Stanford University while a second center will be established at the Massachusetts Institute of Technology (MIT) in Cambridge. The company is setting up a new company called Toyota Research Institute…


Link to Full Article: Toyota’s B Investment In Artificial Intelligence And Robotics Puts It At Forefront Of Autonomous …