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 iFeeltech IT News Mix4 https://techcrunch.com/2017/07/11/toyota-launches-venture-capital-fund-targeting-artificial-intelligence-startups/?ncid=rss

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