Toyota and NTT to invest 3.3 billion in AI and autonomous driving

Toyota Motor Corp. and Nippon Telegraph & Telephone Corp. have recently announced a partnership to invest ¥500 billion, equivalent to $3.3 billion, over the next several years. The goal of this investment is to advance autonomous driving technology through the use of artificial intelligence.

The executives from both companies emphasized their commitment to developing cutting-edge software that enhances autonomous driving capabilities. This collaboration is a strategic move in the rapidly evolving automotive and technology sectors, as companies compete to innovate in the field of AI-assisted driving solutions.

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