Toyota
Toyota will invest more than £600m in artificial intelligence and robotics for its self-driving cars and robots.
Akio Toyoda, the company's president, announced the car manufacturer is launching a research company in Silicon Valley to develop AI and robotics for use in its cars.
The Toyota Research Institute will, according to a company press release, "make driving accessible to everyone, regardless of ability," improve safety by embedding AI in cars, and help to discover new materials.
However the new company, which will have 200 employees and launch in 2016, will be looking to go "beyond" autonomous cars, AP reported. On the slate? Health, mobility and personal wellbeing robotics to improve all aspects of human life.
Toyota has previously announced its first self-driving car will be launched in 2020 and previous robots it has produced include a series of nursing bots to help those with physical impairments.
At a press conference in Japan Toyoda said: "Beyond mobility, with these technologies, we want to contribute to make life better for our customers, and society as a whole.
"We use innovative technologies like AI to make society ever better, safer, more pleasant and promising, today, tomorrow, and the next 100 years."
Over the next five years £660m ($1bn) will be invested into the company, in addition to the £33m ($50m), which the company has recently invested with MIT.
Toyota will invest more than £600m in artificial intelligence and robotics for its self-driving cars and robots.
Akio Toyoda, the company's president, announced the car manufacturer is launching a research company in Silicon Valley to develop AI and robotics for use in its cars.
The Toyota Research Institute will, according to a company press release, "make driving accessible to everyone, regardless of ability," improve safety by embedding AI in cars, and help to discover new materials.
However the new company, which will have 200 employees and launch in 2016, will be looking to go "beyond" autonomous cars, AP reported. On the slate? Health, mobility and personal wellbeing robotics to improve all aspects of human life.
Toyota has previously announced its first self-driving car will be launched in 2020 and previous robots it has produced include a series of nursing bots to help those with physical impairments.
At a press conference in Japan Toyoda said: "Beyond mobility, with these technologies, we want to contribute to make life better for our customers, and society as a whole.
"We use innovative technologies like AI to make society ever better, safer, more pleasant and promising, today, tomorrow, and the next 100 years."
Over the next five years £660m ($1bn) will be invested into the company, in addition to the £33m ($50m), which the company has recently invested with MIT.
Wired.co.uk
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