With Latest Investment, Toyota Gets Serious About Self-Driving Cars
Toyota wants a self-driving car on the road by 2020, and its investment in AI firm Preferred Networks Inc. could help it achieve that goal.By Leah Becerra | December 17, 2015
Toyota will invest in an artificial intelligence technology firm located in Tokyo.
And you should care because that company, Preferred Networks Inc., could help Toyota reach its self-driving-autos goal of having its autonomous cars on highways by 2020. (Video via Toyota)
Toyota said it's taking a 3 percent stake in the firm, or 1 billion yen, which works out to about an $8.1 million investment.