Toyota to Boost Investment in Artificial Intelligence
by Strengthening Relationship with Preferred Networks Inc.

With the aim of promoting the joint research and development of artificial intelligence technologies in mobility-related fields, Toyota Motor Corporation (TMC) has decided to invest in Preferred Networks Inc. (PFN). The investment will amount to 1 billion yen, and Toyota will receive stock in PFN through the allocation of new shares to a third party as of December 30, 2015.