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Toyota establishing new artificial intelligence R&D company; $1B investment over 5 years

Toyota Motor Corporation is establishing a new company, Toyota Research Institute Inc. (TRI), as an R&D enterprise with an initial focus on artificial intelligence and robotics. The headquarters will be located in Silicon Valley near Stanford University, with a second facility to be located near MIT. The new company will begin operations in January 2016.

Toyota believes artificial intelligence has significant potential to support future industrial technologies and the creation of an entirely new industry. To underscore this belief, it is making an initial investment of $1 billion over the next five years, to establish and staff the two initial locations and conduct operations. The investment is in addition to the $50 million investment over the next five years with MIT and Stanford to establish joint fundamental artificial intelligence research centers at each university.

TRI’s CEO will be Dr. Gill Pratt, Toyota’s Executive Technical Advisor. TRI will hire leading researchers and engineers to support its wide range of activities, which are intended to help bridge the gap between fundamental research and product development.

Our initial goals are to: 1) improve safety by continuously decreasing the likelihood that a car will be involved in an accident; 2) make driving accessible to everyone, regardless of ability; and 3) apply Toyota technology used for outdoor mobility to indoor environments, particularly for the support of seniors. We also plan to apply our work more broadly, for example to improve production efficiency and accelerate scientific discovery in materials.

—Dr. Pratt

Dr. Pratt earned his doctorate from the Electrical Engineering and Computer Science department at MIT, and taught at MIT and Olin College as Associate Professor and Professor, respectively. He established three startups between 1983 and 2005, and helped found Olin College.

As a DARPA Program Manager, he led projects in Neuromorphic Systems and Robotics, including the DARPA Robotics Challenge, from 2010 to 2015.


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