Toyota Investing Million In AI Development

Toyota is investing $50 million to create research programs at Stanford and MIT to study and facilitate the advancement of artificial intelligence. New York Auto Show: Cool Cars With Hot Tech (Click image for larger view and slideshow.) Japanese auto giant Toyota is teaming up with the Massachusetts Institute of Technology (MIT) and Stanford University to invest $50 million over the course of five years in the research and development of artificial intelligence (AI). The initiative will focus on developing intelligent vehicles and life-improving robots to meet the challenges of expanding urban centers and aging populations. The partnership will see joint research centers established at each university under the direction of Dr. Gill Pratt, former program manager at the US Defense Advanced Research Projects Agency (DARPA). The Stanford-based research center…

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