Toyota investing $50 million in artificial intelligence for cars

The auto industry's investment in smart self-driving cars just went into higher gear

At a press conference in Palo Alto Friday, ">Toyota announced it is investing $50 million and partnering with Stanford and MIT to "accelerate" artificial intelligence research as it relates to self-driving vehicles

The company also announced it had tapped Dr. Gill Pratt, who lead the Robotics Challenge at the Defense Advanced Research Projects Agency (DARPA), to lead the project.

The primary goal of this research, according to Toyota's Senior Managing Officer Kiyotaka Ise, is to help "eliminate traffic casualties," especially among the elderly Read more...