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Posts Tagged ‘toyota artificial intelligence’

Toyota Invests $100M in New Venture to Develop Disruptive Tech

New Toyota AI Ventures provides financing to tech startups.

by on Jul.12, 2017

Toyota's Gill Pratt said the new venture continues the company's long-standing tradition of introducing disruptive technologies.

The Toyota Research Institute plans to invest $100 million to launch Toyota AI Ventures, a new subsidiary designed to provide early-stage financing to startup technology companies.

Toyota AI Ventures will offer TRI the opportunity to collaborate with talented entrepreneurs who prefer to work in a venture business environment.

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“Toyota has a history of disruptive innovation in the service of mankind, moving from textile machinery to automobiles in the late ’30s, to the broad electrification of the automobile with Prius in the ’90s, to autonomous mobility and human assist robots,” said Gill Pratt, CEO of TRI. (more…)

Toyota Tries to Humanize Auto Tech with Concept-i

“Yui” helps you drive better, communicate with the world around.

by on Jan.04, 2017

Toyota is looking to make the car of the future with all of its hardware and software a little more human. The result of that effort is the Concept-i.

Tomorrow’s car are going to be computers on wheels, with countless microprocessors, digital displays and other technologies handling safety, powertrain and infotainment systems. But getting a handle on it all can be a bit overwhelming.

So, Toyota is trying to find a way to humanize all that hardware and software with the Concept-i prototype making its debut at the CES in Las Vegas this afternoon.

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The prototype is meant to “foster a warm and friendly user experience,” the automaker explains, using artificial intelligence that “learns and grows with the driver.” (more…)

Toyota Teams up with University of Michigan to Accelerate Artificial Intelligence Hunt

Smart cars = safer cars.

by on Aug.10, 2016

Toyota is already working with U-Mich at MCity, an autonomous vehicle test track.

Toyota is expanding its effort to develop advanced artificial intelligence, robotics and autonomous driving technologies by teaming up with the University of Michigan Transportation Research Institute.

The $22 million project is the latest in a series of collaborative efforts Toyota has launched since setting up its own Toyota Research Institute a year ago. The Japanese maker, reversing a long-standing reluctance to develop autonomous vehicles, has also established close ties with Silicon Valley’s Stanford University and Massachusetts Institute of Technology.

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“We look forward to collaborating with U-M’s research faculty and students to develop new intelligent technologies that will help drivers travel more safely, securely and efficiently,” said Gill Pratt, the head of the Toyota research program. “We will also focus on expanding the benefit of mobility technology to in-home support of older persons and those with special needs.” (more…)

Toyota Adds 3rd Autonomous Vehicle Research Center

Carmaker’s TRI venture partnering with University of Michigan.

by on Apr.08, 2016

Toyota's Gill Pratt is leading the Japanese maker's efforts in the autonomous vehicle arena.

Ann Arbor, Michigan will become the third and latest research center for Toyota’s research into autonomous vehicles. The Japanese automaker will partner with the University of Michigan and share the 32-acre MCity self-driving research facility also used by domestic rivals Ford Motor Co. and General Motors.

Initially wary of autonomous driving, Toyota reversed itself last year and has plunged headlong into the development of the technology, announcing a $1 billion investment to set up the Toyota Research Institute, or TRI, which already has twin bases near Silicon Valley’s Stanford University and Boston’s MIT.

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“TRI was drawn to Ann Arbor because of the strength of the university,” explained Gill Pratt, the former DARPA scientist who now heads TRI, as well as “the utility of MCity and the Mobility Transformation Center, which we currently sponsor; (and) the promise of the future American Center for Mobility at Willow Run.”


Toyota Investing $1 Bil in US Artificial Intelligence Center

Technology could help make driving safer but also assist the disabled at home.

by on Nov.06, 2015

The Toyota FCV Plus cconcept is the sort of futuristic vehicle that could make use of AI breakthroughs.

Toyota will invest $1 billion to set up a new U.S. artificial intelligence and robotics research center over the next five years, the maker announced in Tokyo on Friday.

The new Toyota Research Institute Inc. will have offices in both Silicon Valley and Cambridge, Massachusetts, announced Akio Toyoda, President of Toyota and a grandson of the automaker’s founder. The facility will focus not only on ways to make driving safer but also on technology that can improve the lives of the elderly and disabled.

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A key target will be to “improve safety by continuously decreasing the likelihood that a car will be involved in an accident,” explained Dr. Gill Pratt, the CEO of the new venture. It also aims to “make driving accessible to everyone, regardless of ability,” while also applying technology “to indoor environments for the support of seniors.”