Toyota units apart $1 billion for AI and robotics analysis facilities

Toyota sets aside $1 billion for AI and robotics research centers

Toyota initially introduced earlier this yr that it is spending $50 million to set up joint analysis facilities with MIT and Stanford. Seems the corporate has determined to put aside a a lot, a lot greater quantity than that. Toyota Motor President Akio Toyoda has revealed at an occasion in Tokyo that the automaker’s investing $1 billion (over the course of 5 years) to arrange the Toyota Analysis Institute Inc. The initiative might be tasked with the event of synthetic intelligence, robotics and autonomous automotive applied sciences beneath the management of robotics skilled Gill Pratt, a former DARPA program supervisor. Its first facility (with 200 staff) will open in Silicon Valley close to Stanford College in January 2016. After that, the Japanese company will open a second facility close to MIT in Cambridge.

Pratt stated through the occasion that the institute’s most important objectives are to develop applied sciences that may assist the aged and stop vehicular accidents. A few of its tasks will more than likely construct on Toyota’s earlier efforts, such because the assistive robotic it designed to assist individuals with incapacity across the house and its humanoid robots that can run and play musical devices. The corporate additionally introduced earlier this yr that it plans to launch autonomous automobiles by 2020.

Featured Tales

Sponsored Content material

Examine Your Devices

Toyota sets aside $1 billion for AI and robotics research centers

Immediately examine merchandise aspect by aspect and see which one is greatest for you!

Attempt it now →