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This is one way Toyota plans to shuttle people around during the 2020 Olympics – TechCrunch

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When thousands of people converge in Tokyo for the 2020 Olympic and Paralympic Games, the city's infrastructure will be tested. Toyota is getting into the mix to handle some of the ways people will get around the city and the Olympics venue. Toyota unveiled Thursday a new product called APM or Accessible People Mover that is designed for the Olympics and Paralympic Games. The aim, according to Toyota, is for this vehicle to provide "mobility for all" and to solve the so-called "last mile" problem. In Toyota's view, that means a vehicle that can transport as many people as possible, including elderly, pregnant women, families with young children and people with disabilities.


This Is How Toyota Plans to Spend $100 Million on AI

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Toyota plans to spend a lot of money on cutting-edge technology in the near future. The auto giant debuted Tuesday a $100 million venture capital unit, Toyota AI Ventures, that will invest in startups specializing in artificial intelligence, self-driving vehicles, robotics, data analytics, and cloud computing technology. The VC arm will be a subsidiary of Toyota Research Institute, the auto giant's research center that opened in September 2015 and is led by former Defense Advanced Research Projects Agency program manager Gill Pratt. Get Data Sheet, Fortune's technology newsletter. At the time, Toyota said it would spend $50 million over a five-year period to help the center, which involves both Stanford University and the Massachusetts Institute of Technology, research ways to use AI to create self-driving automobiles.