Japanese automotive giant Toyota is set to unveil Woven City, a futuristic settlement and living lab at the foot of Mount Fuji. The company plans to welcome the first 100 residents, mainly employees and their families, later this year, with a goal of reaching a population of around 2,000 in the initial stages. Toyota aims to accelerate the testing and development of new technologies within Woven City. The project, initially proposed five years ago by Toyota's chairman Akio Toyoda, will showcase AI, robotics, self-driving cars, and smart homes. While Toyoda mentioned that the city may not be open to the public for at least two years and might not be profitable, Woven's CEO Hajime Kumabe expressed a desire for profitability. The construction of the city, which began in 2024, is a significant investment for Toyota, with plans to integrate a new software platform called Arene into their electric vehicles by 2026. Read more AI-generated news on: https://app.chaingpt.org/news

#AI