Toyota to invest $1B into artificial intelligence

Toyota announced yesterday it would invest $1 billion over the next five years into artificial intelligence and robotics research, a sign it's getting serious about automated driving.

With the investment, Toyota will create a new company, dubbed Toyota Research Institute Inc., with offices in Silicon Valley and Cambridge, Mass.

While the long-term goal is likely automated driving, CNNMoney reports the institute wants to offer features that can help drivers avoid crashes, like automated braking, in the near future.

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