SoftBank and Toyota Want Driverless Cars to Change the World
In recent years, the advancement of technology has significantly impacted different industries and changed the way we live our lives. One of the most exciting and highly anticipated developments in the world of technology is the introduction of driverless cars. This revolutionary concept has the potential to transform transportation, making it safer, more efficient, and convenient. Two major players in this field, SoftBank and Toyota, have joined forces to bring this futuristic vision to life and change the world as we know it.
SoftBank, a Japanese multinational conglomerate known for its investments in technology and telecommunications, has been making waves in the driverless car industry. The company’s CEO, Masayoshi Son, is a firm believer in the potential of autonomous vehicles and has been actively seeking partnerships and collaborations to make his vision a reality.
One of SoftBank’s most significant partnerships in the driverless car space is with Toyota, one of Japan’s largest automobile manufacturers. The two companies announced their collaboration in 2018, with SoftBank investing $2.25 billion in Toyota’s autonomous vehicle division, known as the Toyota Research Institute-Advanced Development (TRI-AD).
This collaboration between SoftBank and Toyota has caught the attention of the world, and for a good reason. These two powerhouse companies have the resources, expertise, and innovative mindset to drive the development of driverless cars.
Source: CNN
