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11/01/2019

The Amazing Ways Toyota Is Using Artificial Intelligence, Big Data & Robots

A great way to understand the future priorities for a company is to see where they invest resources. When you look at where Toyota, the Japanese industry giant, has recently invested, it’s clear the company is preparing to remain relevant and competitive in the 4th industrial revolution as a result of its investments and innovation in artificial intelligence, big data and robots, says Forbes. With initial funding of $100 million, Toyota AI Ventures invests in tech start-ups and entrepreneurs around the world that are committed to autonomous mobility, data and robotics. Toyota’s investments help accelerate getting critical new technologies to market. One of the organization’s investments is in May Mobility, a company that is developing self-driving shuttles for college campuses and other areas such as central business districts where low-speed applications are warranted. This is just one of the services that could blaze a trail to fully autonomous vehicles of the future. Toyota also announced the Concept-i Ride for users with wheelchairs or other disabilities and the Concept-i Walk, that’s designed for pedestrians to use on sidewalks similar to a Segway. Both additions to the Concept-i product line feature the same sensing abilities as the Concept-i vehicle.  

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