Toyota invests mn with Stanford, MIT for ‘intelligent’ car

Japanese automaker Toyota will be investing USD 50 million over to the next five years to set up joint research centers at Stanford University and the Massachusetts Institute of Technology (MIT) for developing “intelligent” self-driving cars.The two research centers will focus on using technology to make driving safer by inventing ways for cars to recognise their surroundings and make decisions that avert potential accidents.”We will initially focus on the acceleration of intelligent vehicle technology, with the immediate goal of helping eliminate traffic casualties and the ultimate goal of helping improve quality of life through enhanced mobility and robotics,” Toyota’s Senior Managing Officer Kiyotaka Ise said in a statement.Toyota has tapped Gill Pratt, former Program Manager at the Defense Advanced Research Projects Agency (DARPA) of the Pentagon and leader of its…

Link to Full Article: Toyota invests mn with Stanford, MIT for ‘intelligent’ car

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