Toyota Investing Million in Artificial Intelligence Research

Toyota autonomous technologies displayed on Lexus GS 450h. Toyota says it will invest $50 million over a 5-year period to establish joint artificial-intelligence research centers at the Massachusetts Institute of Technology and Stanford University. “We will initially focus on the acceleration of intelligent-vehicle technology, with the immediate goal of helping eliminate traffic casualties,” Toyota’s Kiyotaka Ise, chief officer-R&D group and a senior managing officer, says of the Japanese automaker’s desire to speed autonomous-vehicle development. Ise says the ultimate goal of the project is to help improve people’s quality of life through enhanced mobility and robotics, especially among the elderly. Toyota says Gill A. Pratt, a former program manager for the Defense Advanced Research Projects Agency (DARPA), will direct the partnership. Pratt says partnership research areas will include improving the ability of…

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