Toyota invests $100m in venture capital fund for AI, robotics startups

A Toyota Motor Corp. badge is displayed on the wheel hub of a vehicle inside the Toyota City Showcase exhibit at the company's Mega Web car theme park in Tokyo, Japan, on Friday, Feb. 3, 2017. Photographer: Kiyoshi Ota/Bloomberg

Toyota Motor Corp. wants to smooth the oft-bumpy ride for startup companies and maybe find a few gems to acquire by forming a new venture capital business.

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