$50M Investment of Toyota for reducing Highway Accidents

Toyota started collaborating with Stanford and MIT. The automaker wants to make the roads safer.

The Japanese producer is going to invest $50 million till 2020. With the help of this sum of money, it wants to establish joint centres for research at every university. These centres will research and develop mobility technologies and intelligent cars. The automaker is sure that there are chances to better our lives with the help of artificial intelligence. Toyota believes that there is an important breakthrough potential for creating intelligent cars and robots that improve lives.

Director of the educational institution’s CSAIL (Laboratory of Artificial Intelligence and Computer Science) and Professor of Computer Science and Electrical Engineering, Erna and Andrew Viterbi along with Professor Daniela Rus are going to work at MIT’s research. As to the research at Stanford, it will be led by Professor Fei-Fei Li, director of the Artificial Intelligence Laboratory at Stanford.