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 Motor Corporation
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.


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



Topic: Press release summary
Source: Toyota Motor Corporation

Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Toyota Motor Corporation Links

http://www.toyota-global.com

https://plus.google.com/+toyotaglobal

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

https://twitter.com/TOYOTA_PR/

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

https://linkedin.com/company/toyota

Toyota Motor Corporation
July 1, 2025 21:56 HKT/SGT
Multi-purpose Arena in Odaiba Aomi Area TOYOTA ARENA TOKYO Construction Completed
June 30, 2025 19:15 HKT/SGT
Acropolis Rally Greece: Day 4 Sunday success and second overall for TOYOTA GAZOO Racing's Ogier
June 30, 2025 19:10 HKT/SGT
Mitsubishi Fuso-Hino Merger: 4 Firms Collaborate for the Future of Commercial Vehicles
June 3, 2025 18:54 HKT/SGT
Implementation of Measures to Enhance Our Corporate Value in Connection with Toyota Industries Corporation
June 3, 2025 18:16 HKT/SGT
Toyota Group to Accelerate Collaboration Towards Transforming into a Mobility Company Through Privatization of Toyota Industries Corporation
May 27, 2025 13:31 HKT/SGT
Construction Begins on New Toyota Tokyo Head Office in Shinagawa, to Open in FY2030
May 23, 2025 09:51 HKT/SGT
Five Toyota Group Companies to Accelerate Skill Development and Innovation in AI and Software
May 21, 2025 13:09 HKT/SGT
New RAV4 Makes World Premiere in Japan
May 16, 2025 15:35 HKT/SGT
Premiere of New bZ Woodland BEV Focused on Driving Performance and Spaciousness in North America
May 12, 2025 14:45 HKT/SGT
TOYOTA GAZOO Racing fights back for double points finish
More news >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: