Toyota invests in ALBERT Inc. for big data analysis alliance - automotiveIT International

Toyota's Koibuchi (l) and Albert's Matsumoto signed the alliance agreement (Image: Toyota) Toyota Motor plans to invest around 400million yen in ALBERT Inc., a data solutions business. The resulting alliance for big data analysis will focus on development of automated driving technologies. ALBERT, founded in 2005 and based in Tokyo, currently employs around 100 people. It specializes in areas including the development of analysis algorithms and system introduction; supporting the use of AI; products and services using machine learning; and supporting the discipline of data science. It has recently been working on analysis of imagery in relation to automated driving. Ken Koibuchi, executive general manager in charge of developing automated driving at Toyota's advanced R&D and engineering division, said in a statement: "We believe that AI technologies are indispensable for achieving our vision of'safe and smooth mobility for all people'.