Toyota AI Ventures Diversifies Investments - Insights From Jim Adler
Vehicle manufacturers know that they need to invent in autonomous technologies if they want to continue to remain relevant. As such, it should be no surprise that many car companies are investing in AI technologies to keep themselves competitive and relevant. Interviewed on an AI Today podcast episode, Jim Adler, Founding Managing Director of Toyota AI Ventures shared insights into the sort of investments Toyota AI Ventures is making in the industry, how the automotive industry is benefiting from these investments, and what non-automotive related AI and ML investments they are making. Founded in 2017, Toyota AI Ventures raised a $100 million fund to invest in artificial intelligence, cloud-based data, and robotics that may also leverage AI and cloud-based data. Toyota AI Ventures is a subsidiary of the Toyota Research Institute and helps AI ventures around the world to bring new artificial technology to the market.
Nov-17-2019, 06:08:03 GMT