OTTO Motors Raises $29 Million To Take Its Autonomous Mobile Robots Global

OTTO Motors enables the world’s largest companies to create safer and more productive workplaces with autonomous material handling. This funding will be used to expand OTTO’s global network of delivery partners and accelerate its product roadmap for enterprise customers with emphasis on its industry-leading autonomous technology. Demand for AMRs has been growing worldwide as manufacturers… Continue reading OTTO Motors Raises $29 Million To Take Its Autonomous Mobile Robots Global

@Toyota: Toyota Research Institute Launches Machine Assisted Cognition Programme

Machines can help Toyota make ever-better cars, but they could also have the potential to help people make better decisions. The Toyota Research Institute (TRI) is expanding its work with the launch of Machine Assisted Cognition (MAC), an initiative aimed at developing and demonstrating artificial intelligence tools that can understand and predict the way humans… Continue reading @Toyota: Toyota Research Institute Launches Machine Assisted Cognition Programme

SoftBank leads $500m funding in Chinese ride-hailer Didi

HONG KONG/TOKYO China’s largest ride-hailing company Didi Chuxing has raised $500 million for its autonomous driving subsidiary in a funding round led by SoftBank. The investment, the largest single funding round in China’s autonomous driving sector, marks Didi’s growing ambition in developing its own self-driving fleets as competition heats up and more companies begin launching… Continue reading SoftBank leads $500m funding in Chinese ride-hailer Didi

SoftBank leads $500 million fundraising for Didi’s self-driving unit

FILE PHOTO: Logo of Didi Chuxing is seen at its headquarters building in Beijing, China August 28, 2018. REUTERS/Jason Lee BEIJING/SHANGHAI (Reuters) – China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group’s (9984.T) Vision Fund 2. The… Continue reading SoftBank leads $500 million fundraising for Didi’s self-driving unit

@Toyota: Toyota Releases Sales, Production, and Export Results for April 2020

Toyota City, Japan, May 28, 2020 – (JCN Newswire) – Toyota Motor Corporation (TMC) announces its sales, production, and export results for April 2020 as well as the cumulative total from January to April 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. April 2020 Sales Results Toyota– Worldwide sales: Fourth… Continue reading @Toyota: Toyota Releases Sales, Production, and Export Results for April 2020

@Toyota: Toyota AI Ventures is Hiring: Apply for the Role of Fund Accountant

Founded in 2017 and based in Silicon Valley, Toyota AI Ventures is a venture capital subsidiary of the Toyota Research Institute (TRI). We invest in early-stage startups from around the world in the areas of artificial intelligence, autonomy, mobility, robotics, data, and cloud. We also seek solutions for smart cities of the future. We are explorers,… Continue reading @Toyota: Toyota AI Ventures is Hiring: Apply for the Role of Fund Accountant

@Toyota: TMC Announces Results for April 2020

Toyota City, Japan, May 28, 2020―Toyota Motor Corporation (TMC) announces its sales, production, and export results for April 2020 as well as the cumulative total from January to April 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. To view more information on the sales, production, and export results by country… Continue reading @Toyota: TMC Announces Results for April 2020

Nissan to resume US production on Monday

TOKYO — Nissan Motor will begin restarting operations at its U.S. plants on Monday, a move that comes three weeks after Japanese rivals Toyota Motor and Honda Motor resumed North American production. A vehicle assembly plant in Canton, Mississippi, will resume production on Monday, per Nissan’s reopening plan, with one in Smyrna, Tennessee, to follow… Continue reading Nissan to resume US production on Monday