Toyota launches venture capital fund targeting artificial intelligence startups

 Toyota is the latest Fortune 500 company to launch an AI focused venture capital fund. The initial early-stage fund will deploy $100 million and operate as a subsidiary of the Toyota Research Institute. The automaker has strategiclly positioned itself as an ROI rather than strategic focused fund — meaning that it aims to profit like any other VC firm. Jim Adler will serve as… Read More

from Startups – TechCrunch http://ift.tt/2ufq3uM
via IFTTT