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12 July 2017

Toyota Research Institute revs up $100m fund

Carmaker Toyota's research division has put $100m into a unit called Toyota AI Ventures and disclosed its first three portfolio companies.

Author: Robert Lavine, News Editor

Toyota Research Institute (TRI), the US-based research arm of Japan-headquartered car manufacturer Toyota, committed an initial $100m yesterday to a corporate venturing unit called Toyota AI Ventures.