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Toyota to invest £1 billion in AI
- 09/11/2015
- Posted by: Simon Wait
- Category: News
Toyota announced at a press conference in Tokyo that it will establish a new company, Toyota Research Institute Inc. (TRI), as an R&D enterprise with an initial focus on artificial intelligence and robotics. The headquarters will be located in Silicon Valley near Stanford University in Palo Alto, California. A [...] -
Toyota invests $50m in autonomous cars
- 08/09/2015
- Posted by: Simon Wait
- Category: News
Toyota is making a major investment into developing intelligent and self-driving vehicles alongside two leading US universities. Over the next five years, Toyota Motor Corporation will invest approximately $50 million (about £32 million) in establishing joint research centres at both Stanford and the [...]