According to foreign media reports, in July this year, Toyota invested $14 million in Israeli startup IntuitionRobotics. In addition, Toyota plans to invest more money into this organization. IntuitionRobotics produces "elderly companion" robots. IntuitionRobotics is Toyota AIVentures' first human intelligence project in Israel. In July this year, the Toyota Research Institute (TRI) injected $100 million in initial startup funding to Toyota AIVentures, which focuses on artificial intelligence, autonomous driving, and cloud computing research.
JimAdler, general manager of ToyotaAIVentures, said: "The company will invest more money in the Israeli market in the future. Toyota is particularly interested in perception, prediction and planning technology. Perception technology enables autonomous vehicles to be able to Perceive the situation around the vehicle; the technology of predicting and planning makes the self-driving vehicle able to autonomously judge some situations, such as: judging whether a child is ready to run a red light.
Adler said that with the increasingly close connection between cars and data, Israel has achieved a lot of innovative achievements in this area. Israel is becoming a center for automotive technology research and development. Earlier this year, Intel acquired Mobileye, Israel’s largest technology company, for $15.3 million. On Friday (2017.11.03), Continental AG announced that it is acquiring Israeli smart car technology startup Argus Cyber ​​Security. ArgusCyberSecurity focuses on solving vehicle safety problems in the networking of vehicles, diagnosing on-board systems and plugging security holes to avoid problems such as driving car safety due to black car key systems.
Currently, ToyotaAIVentures has launched five investments and is expected to invest in 20 companies worldwide. IntuitionRobotics expects to conduct human-computer interaction experiments in some senior citizens' homes early next year. Adler said that robots have many common features with self-driving cars, and he calls self-driving cars "wheeled robots."
Japan’s population structure is increasingly aging, and within 20 years, 40% of the population will be older than 65 years old. Therefore, artificial intelligence robots will greatly help the lives of the elderly and will have a very good market. Elderly people no longer need to resort to assisted-living facilities. Adler said: "I think Toyota will do something in this area."
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