Toyota Investing $50M to Reduce Highway Injuries and Fatalities

Toyota has announced a collaboration with Stanford and MIT in hopes of making the roads safer.

The Japanese automaker will be investing $50 million over the next five years to establish joint research centers at each university that will focus on the research and development of intelligent vehicle and mobility technologies. Toyota believes that there are opportunities to improve everyday living through artificial intelligence and believes there is significant breakthrough potential for the development of life-saving intelligent vehicles and life-improving robots.

Research at MIT will be led by Professor Daniela Rus, Andrew and Erna Viterbi, Professor of Electrical Engineering and Computer Science and Director of the Institute’s Computer Science and Artificial Intelligence Laboratory (CSAIL). The Stanford-based research center will be led by Professor Fei-Fei Li, director of the Stanford Artificial Intelligence Laboratory (SAIL).

“We’re here today to mark the beginning of an unprecedented commitment,” said Kiyotaka Ise, TMC senior managing officer and chief officer, R&D Group. “We will initially focus on the acceleration of intelligent vehicle technology, with the immediate goal of helping eliminate traffic casualties and the ultimate goal of helping improve quality of life through enhanced mobility and robotics. This partnership, led by Dr. Pratt, is a great opportunity to work with two leading research teams from two top universities.  I am very excited about what this new venture means for Toyota, and I look forward to more announcements in the future.”

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