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Toyota partners with AI startup Preferred Networks on building helper robots for humans

Toyota is enlisting the help of startup Preferred Networks, a Japanese company founded in 2014 with a focus on artificial intelligence and deep learning, to help move forward its goal of developing useful service robots that can assist people in everyday life. The two companies announced a partnership today to collaborate on research and development that will use Toyota’s Human Support Robot (HSR) robotics platform. The platform, which Toyota created in 2012 and has been developing since, is a basic robot designed to be able to work alongside people in…

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Crunch Report | Coinbase Reverses Stance on Bitcoin Cash

Coinbase says it will support Bitcoin Cash after all but it isnt committed to trading yet Toyota takes stake in Mazda, invests more in self-driving and AI Credits Written by: Tito Hamze, John MannesHosted by: Tito HamzeFilmed by:Mitch EasonEdited by: Joe Zolnoski Notes: I dont know what to wear on Crunch Report (Its a hard decision and I suck at dressing myself). If you are a startup andwant to me to wear something mail me an XL T-shirt and Ill wear it in an episode. Im not going to mention…

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Toyotas new solid-state battery could make its way to cars by 2020

Toyota is touting its progress on a new kind of battery technology, which uses a solid electrolyte instead of the conventional semi-liquid version used in todays lithium-ion batteries. The car maker said that its near a breakthrough in production engineering that could help it put the new tech in production electric vehicles as early as 2020, according to the Wall Street Journal. The improved battery technology would make it possible to create smaller, more lightweight lithium-ion batteries for use in EVs, that could also potentially boost the total charge capacity…

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VCs determined to replace your job keep AIs funding surge rolling in Q2

Joanna Glasner is a reporter for Crunchbase. More posts by this contributor: Not a minimalist? Startups will gladly store, manage and deliver your items The state of the unicorn These are good times for AI entrepreneurs. Recent analysis of venture data shows that funding for artificial intelligence startups continues its upward trend in 2017, with investment hitting new highs. (For deep dives into aggregate Q2 venture performance, headherefor the world, andherefor just the U.S.) Venture, corporate and seed investors have put an estimated $3.6 billion into AI and machine learning companies this…

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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 theToyota 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. Jim Adler will serve as managing director of the fund. He has been serving as vice president of Toyota Research and comes from a product background. Adler and the rest of the team at Toyota…

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