Toyota Invests $1B in AI in U.S.

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Editors note: In case you missed it, the Toyota Research Institute, will create one of the biggest labs in Silicon Valley and will be led by the roboticist Gill Pratt.

Silicon Valley is diving into artificial intelligence technology, with start-ups sprouting up and Google and Facebook pouring vast sums into projects that would teach machines how to learn and make decisions. Now Toyota wants a piece of the action.

Toyota, the Japanese auto giant, on Friday announced a five-year, $1 billion research and development effort headquartered here. As planned, the compound would be one of the largest research laboratories in Silicon Valley.

Conceived as a research facility bridging basic science and commercial engineering, it will be organized as a new company to be named Toyota Research Institute. Toyota will initially have a laboratory adjacent to Stanford University and another near M.I.T. in Cambridge, Mass.

Toyota’s investment invites comparisons to earlier research initiatives, such as the Palo Alto Research Center, or PARC, created by Xerox in 1970 to help the company compete with IBM. Xerox was never able to find a strategy to make it a significant player in computing, but the technologies invented at PARC during the next decade were used by Apple and Microsoft to completely remake the computer industry.

The new effort by Toyota is also the latest indication of a changing of the guard in Silicon Valley’s basic technology research. Last year, for example, Microsoft closed a satellite laboratory of its Microsoft Research division in Silicon Valley and laid off about 75 researchers.

Corporate research done by Internet companies like Facebook and Google has generally focused on things that can be turned into a product or service, breaking with the traditions of industrial laboratories run by AT&T and IBM, which focused on basic science.

International corporations like General Electric; Baidu, the Chinese search engine; Samsung, the South Korean conglomerate; and all the major automakers have been establishing research outposts in or near the region to take advantage of its engineering talent.

Read the source article at The New York Times