Toyota invests .4b in artificial intelligence

Toyota has announced it will establish a primary research laboratory to develop cutting-edge robotics and artificial intelligence (AI) in Silicon Valley near Stanford University, California. Dubbed the Toyota Research Institute, it’s part of a huge $US1 billion (A$1.4b) cash injection to accelerate development of new technologies over the next five years that it says will not only improve its vehicles, but society as a whole. Some of the core areas to be studied for future product deployment include driverless cars, collision prevention and safety systems and improving vehicle accessibly, especially for seniors. It’s not yet clear if Toyota will develop a rival to Honda’s all-singing, all-dancing ASIMO humanoid robot. However, Toyota is adamant AI and robotics will spawn an entirely new industry in the future, while simultaneously ensuring its future…

Link to Full Article: Toyota invests .4b in artificial intelligence

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