As I have stated many times cars will become “computers on wheels”. Well it looks like Toyota “gets it” and is going to transform itself into a software company by creating a new holding company that will spearhead development of self-driving cars, new automotive computer operating systems and advanced mapping.
The entity, called Woven Planet Holdings, will oversee two other companies that will focus on automated driving as well as connectivity, onboard software and high-definition mapping. Toyota announced the initiative on Tuesday, saying the new companies will begin operations in January and be led by James Kuffner, an American computer whiz who is currently the CEO of TRI-AAD. Kuffner previously worked at Google on robotics and the self-driving car project.