Toyota AI Ventures won't stand in way of ideas

LAS VEGAS — Toyota AI Ventures issued its second call for innovation during CES last week. The Toyota Research Institute subsidiary was created in July 2017 with $100 million and was funded with another $100 million in May 2019. Its mission is to "discover what's next for Toyota by making investments in early-stage startups." Special Correspondent Sebastian Blanco spoke with Natalie Fonseca Licciardi, operating parnter at Toyota AI Ventures, during the show. Here are edited excerpts.