#robotics

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#robotics

Originally shared by 4WheelsNews

TOYOTA   to invest $1 billion in new company for Artificial Intelligence and robotics research in Silicon Valley

http://www.4wheelsnews.com/auto/toyota-artificial-intelligence-robotics-research-investment-35157.html

Toyota has reiterated its commitment to developing next-generation technology. The Japanese car manufacturer will infuse a total of $1 billion to start a research company in California’s Silicon Valley. What the company’s R&D division will be busy on are the fields of robotics and artificial intelligence.

Clearly, Toyota is committed to developing next-gen technologies to create the cars of the future. Toyota will be giving the investment in increments over a period of five years. The company will begin its research and development as early as January next year.

200 employees will be working in this facility, which will be close to Stanford University. It can be noted that the University had received a grant of $50 million from Toyota to conduct artificial intelligence research together with the Massachusetts Institute of Technology in Cambridge.

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