Mexican Media Brands
Toyota Launching $1 Billion U.S. Company to Develop Artificial Intelligence
Toyota Motor Corp. will spend $1 billion over five years to establish the Toyota Research Institute Inc., a facility dedicated initially to developing artificial intelligence systems for the carmaker’s vehicles and factories.
Share
Toyota Motor Corp. will spend $1 billion over five years to establish the Toyota Research Institute Inc., a facility dedicated initially to developing artificial intelligence systems for the carmaker’s vehicles and factories.
TRI will open its headquarters in January in Palo Alto, Calif., near Stanford University. The company also will operate an East Coast office near the Massachusetts Institute of Technology in Cambridge. The company expects to employ about 200 people.
Toyota has separately committed to invest $50 million over five years to create artificial intelligence research centers at both universities.
The new institute’s CEO is Gill Pratt, Toyota’s executive technology advisor. Pratt headed the U.S. military’s DARPA program, including its robotic vehicle challenge, between 2010 and 2015.
He says TRI’s initial goals are to reduce the likelihood of car crashes, make driving accessible regardless of ability and develop technologies for “indoor environments” to aid seniors.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
