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Toyota Invests $50,000,000.00 In Artificial Intelligence
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The Toyota Company is investing over $50 million dollars into Artificial Intelligence and Robotic research with MIT and Stanford in the hopes of improving “mobility of people and cars”.
From The Detroit Free Press:
Toyota officials in Palo Alto, Calif., Friday announced that the Japanese automaker will invest $50 million over the next five years in research centers at the two prestigious U.S. universities. The joint research centers will develop intelligent vehicles and other mobility technologies for a society that is aging and seeking new ways to move as well as cities increasingly challenged by traffic congestion.
The investment is an extension of Toyota’s belief that everyday living can be improved through technology that uses artificial intelligence. Breakthroughs in robotics and intelligent vehicles can also help the heath-care system support the physically infirm, officials said.
“We’re here today to mark the beginning of an unprecedented commitment,” said Kiyotaka Ise, chief officer of Toyota”s R&D Group, during a webcast of the California press event. “We will initially focus on the acceleration of intelligent vehicle technology, with the immediate goal of helping eliminate traffic casualties and the ultimate goal of helping improve quality of life through enhanced mobility and robotics.”
Source: http://truthisscary.com/2015/09/toyota-invests-50000000-00-in-artificial-intelligence/
