Japan's Toyota & NTT to invest $3.26 bn R&D to create AI software to improve self-drivingNikkei (gated) have the report.
In brief:
- Toyota Motor and Japan's Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in research and development to create artificial intelligence software to improve self-driving
- the software will use AI to anticipate accidents and take control of the vehicle
- aiming to have a working system ready by 2028 and provide it to other automakers
There is an ungated summary here for a little more.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Japan's Toyota & NTT to invest $3.26 bn R&D to create AI software to improve self-driving (https://www.forexlive.com/news/japans-toyota-ntt-to-invest-326-bn-rd-to-create-ai-software-to-improve-self-driving-20241028/)
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