Toyota to invest M in Silicon Valley-based AI labs

Tesla stock could surge if analyst’s predictions bear out States beginning courtship with the self-driving car industry Ford reveals work on driverless cars, 3-D printing and wearables Exquisite Menlo Park Townhome Beck Diefenbach Toyota announced $50 million in funding partnership with MIT and Stanford University for… more Toyota Motor Corp., has hired DARPA’s Dr. Gill Pratt to head up a five-year, $50 million project to establish artificial intelligence and driverless car labs with an immediate goal of reducing highway injuries and fatalities in Silicon Valley, Re/code reported Friday. The research centers are being created in partnership with Stanford University and the Massachusetts Institute of Technology, Toyota shared at an event in Palo Alto, where it also played down claims it isn’t as far along with its self-driving car technology as…

Link to Full Article: Toyota to invest M in Silicon Valley-based AI labs

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