Toyota to invest $1 billion to develop AI based driving systems

Toyota has revealed its plans about developing an artificial-intelligence based driving systems. The Japanese car maker is aiming to build this system in order to improve vehicle safety, according to a latest report from Reuters.

Toyota further said that it will invest $1 billion in next five years. The move comes from the car maker when there is a rise in competition with respect to self driving cars.

Toyota aims to to improve car safety by enabling vehicles to anticipate and avoid potential accident situations. The company’s plans regarding the same were detailed by Gill Pratt, CEO of recently set up Toyota Research Institute (TRI) which is it’s research and development company that focuses on AI.

At present driver assistance systems largely use image sensors to avoid obstacles including vehicles and pedestrians within the car’s lane. However, according to Pratt TRI is looking at AI solutions to enable “the car to be evasive beyond the one lane”.

Earlier this month, Honda Motor Co said it was setting up a new research body which would focus on artificial intelligence.

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Sneha Bokil: Sneha Bokil is a tech enthusiast and is currently using OnePlus 3T but she still treasures her Nokia N70 (M). You can follow her on Twitter @snehabokil and on Google+
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