Toyota Invests in AI & the Future of Automotive with First VC Company

Article Summary

This is major break­through devel­op­ment in auto­mo­tive mar­ket­ing & prod­uct devel­op­ment

Toy­ota launch­es ven­ture cap­i­tal fund for arti­fi­cial intel­li­gence star­tups

First for­mal ven­ture cap­i­tal effort for Toy­ota AI Ven­tures

Toy­ota Research Institute(TRI) will deploy $100 M

Will focus on arti­fi­cial intel­li­gence, autonomous mobil­i­ty, robot­ics, data, & cloud.

What does all this mean?

Three com­pa­nies to start: Slam­Core, Nau­to, & Intu­ition Robot­ics

Toy­ota Ven­tures Look­ing for more start­up or dev com­pa­nies

Indi­cates that AI, Robot­ics, & Data Sci­ence impact­ing auto indus­try

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