Toyota bets big on artificial intelligence

Toyota says artificial intelligence is the way to go in future mobility. – Reuters pic, November 7, 2015.The world’s largest carmaker believes that AI will not only be a crucial component of future mobility but will also revolutionise everything from product development to manufacturing and safety – so much so that on Friday it announced it is investing over US$1 billion (RM4.36 billion) over the next five years in a new R&D company.Toyota Research Institute will officially open in Silicon Valley in January under the leadership of Dr Gill Pratt. Elon Musk, the head of electric car company Tesla has described artificial intelligence as “our greatest existential threat” especially if it is free to develop and evolve without oversight. However, Akio Toyoda, head of Toyota, believes that when combined with…

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