Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 17 December 2015, 15:44 HKT/SGT
Share:
    

Source: Toyota
Toyota to Boost Investment in Artificial Intelligence by Strengthening Relationship with Preferred Networks Inc.

Toyota City, Japan, Dec 17, 2015 - (JCN Newswire) - With the aim of promoting the joint research and development of artificial intelligence technologies in mobility-related fields, Toyota Motor Corporation (TMC) has decided to invest in Preferred Networks Inc. (PFN). The investment will amount to 1 billion yen, and Toyota will receive stock in PFN through the allocation of new shares to a third party as of December 30, 2015.

TMC is actively researching and developing a wide-range of technologies that are expected to significantly affect the nature of mobility in the future-including automated driving technologies-with a particular focus on intelligence that assists driving, connectivity and interactivity. The overall goal of these initiatives is to foster the creation of a society in which mobility means safety and freedom.

With this shared purpose in mind, PFN would like to plan and develop new products and services by leveraging its expertise and unique technological capabilities in the field of artificial intelligence, including adopting and expanding on its cutting-edge machine and deep learning technologies in industrial applications. With this investment, the collaboration between PFN and TMC in mobility-related businesses will be strengthened.

TMC plans to carry out a demonstration of distributed machine learning at CES (Consumer Electronics Show) 2016 in Las Vegas, which will run from January 6 through 9. The demonstration will showcase a concept that features a potential automotive application of PFN's technology, where multiple vehicles learn not to collide with each other.

About Preferred Networks Inc.

PFN is a venture firm with world-class technological capabilities in the fields of natural language processing and machine learning. The firm was established in March 2014 as a spin-off from Preferred Infrastructure, Inc. PFN's aim is to apply real-time machine learning technologies to new applications in the emerging field of the Internet of Things.


About Toyota

Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of December 2013, Toyota conducts its business worldwide with 52 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 170 countries and regions. For more information, please visit www.toyota-global.com.

Contact:
Toyota Motor Corporation
Public Affairs Division
Global Communications Department
Tel: +81-3-3817-9926



Dec 17, 2015 15:44 HKT/SGT
Source: Toyota

Topic: Press release summary
Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2016 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Toyota Links

http://www.toyota-global.com

https://www.facebook.com/ToyotaMotorCorporation/

https://twitter.com/TOYOTA_PR/

https://www.youtube.com/user/toyotajpchannel/

Toyota
Sept 30, 2016 12:37 HKT/SGT
Toyota to Exhibit on Cooperative ITS at the 23rd ITS World Congress in Melbourne
Sept 28, 2016 13:13 HKT/SGT
Toyota Unveils Specifications of the New C-HR for the Japanese Market
Sept 28, 2016 12:54 HKT/SGT
Toyota Announces Results for August 2016
Sept 23, 2016 12:49 HKT/SGT
Toyota Develops a New DNA Analysis Technology to Dramatically Accelerate Improvements in Agricultural Production
Sept 23, 2016 08:05 HKT/SGT
Lexus UX Concept Introduces Radical Immersive 3-D Driving Experience
Sept 20, 2016 12:32 HKT/SGT
First-in-Japan Project Aims to Prevent Smartphone Related Traffic Accidents
Sept 19, 2016 09:15 HKT/SGT
Pace Brings a Podium for Toyota GAZOO Racing
Sept 16, 2016 13:00 HKT/SGT
Toyota to Begin Verifying the Needs of Businesses to Encourage the Practical Use of the i-Road
Sept 12, 2016 16:22 HKT/SGT
Texas Trip for Toyota GAZOO Racing
Sept 12, 2016 12:39 HKT/SGT
Toyota Constructs Zero Emissions Building at Honsha Plant Using Stationary Pure Hydrogen Fuel Cell Technology
More news >>
 News Alerts
Copyright © 2016 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: