By mmillikin Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures, a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies.
TRI launches the venture by contributing initial investments it has made in three technology companies: Nauto, SLAMcore and Intuition Robotics. The venture will also cultivate select start-ups by offering them mentorship and support on-site at TRI’s Silicon Valley headquarters. Investment will focus in the areas of Artificial Intelligence; Robotics; Autonomous Mobility; and Data and Cloud Technology.
Read Full Article Here
For more great articles: Green Car Congress