Japan’s Toyota & NTT to invest $3.26 bn R&D to create AI software to improve self-driving

Nikkei (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.