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Toyota launches venture capital fund targeting artificial intelligence startups

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 strategically positioned itself as an ROI rather than strategic-focused fund — meaning that it aims to profit like any other VC firm. Read More


Source: TechCrunch

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