Toyota nabs entire staff of autonomous vehicle companyMarch 11, 2016 - 10:41 AMT PanARMENIAN.Net - Toyota Motor Corp. has recruited the staff at a small Massachusetts-based autonomous-vehicle company to work on its advanced projects, the Wall Street Journal said. Toyota hired Jaybridge Robotics Inc.’s 16 employees, including software and hardware engineers. Jaybridge Chief Executive Jeremy Brown said in a news release its staff will help the Japanese auto giant “reduce the nearly 1.25 million traffic fatalities each year.” Executives weren’t immediately available to comment. It was unclear if Jaybridge, a seven-year-old company that spun out of Massachusetts Institute of Technology, will continue to operate. Toyota said it didn’t buy the company. Jaybridge employees will become part of the Toyota Research Institute. Toyota last year pledged to invest $1 billion into artificial intelligence research, with a big focus on autonomous vehicles. TRI is run by Gill Pratt, a former MIT professor and program manager at the Defense Advanced Research Projects Agency. With the latest hirings, TRI now has about 40 employees, many of whom are graduates of MIT and Stanford University. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |