Toyota’s new Silicon Valley research labs are a threat to Tesla

Toyota Motor Corp., the world’s biggest car company, has announced it plans to set up a research and development office for artificial intelligence in Silicon Valley starting in January.  There will be two offices for the Toyota Research Institute, as the firm is called. One will be located in Palo Alto near Stanford University. Another office will be in Cambridge, Massachusetts, near MIT. The parent company said it plans to spend more than $1 billion (¥120 billion) over the next five years for research into things like self-driving technology, robotics, and Artificial Intelligence.  This comes on top of Toyota’s announcement this past September to spend $50 million in an AI driving project with MIT and Stanford. Gill Pratt, a Toyota executive technical adviser and former MIT professor, will serve as…


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