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Toyota and NTT to Invest $3.26 Billion in AI-Powered Autonomous Driving Software
Toyota Motor and Nippon Telegraph and Telephone (NTT) are joining forces to develop advanced AI software for autonomous driving. This initiative, backed by a 500 billion yen ($3.26 billion) investment, aims to bolster vehicle safety by creating systems that can predict and prevent accidents, with a target launch in 2028.
Key Details of the Partnership
The Tokyo-based partnership plans to build automotive software utilizing artificial intelligence that anticipates potential hazards on the road, potentially taking control of vehicles to avoid collisions. This system is expected to be made available to other automakers, signaling a shift in Japan’s automotive landscape as it seeks to compete with global leaders in autonomous driving technology like Tesla and Chinese innovators.
Toyota has a history of innovation in autonomous driving, with its Mirai fuel-cell vehicle featuring hands-free capabilities since 2021. This new collaboration with NTT builds upon prior projects, including a 2017 initiative for 5G-connected vehicles and a 2020 capital alliance focused on smart city development.
Future Implications
Toyota has not officially confirmed the details of the recent announcement but affirmed its ongoing commitment with NTT to create safe, AI-enhanced mobility solutions.
