Jim Adler cited a potential mismatch between internal business units and startups during his talk at the GCVI Summit 2020.
Software might be eating the world but cars had joined the menu and automotive needed to become high-tech before technology supplants automotive, according to, Jim Adler, founding managing director of carmaker Toyota’s early-stage AI Ventures unit.
Adler was interviewed by Sandi Knox, counsel for emerging companies and VC at law firm Sidley.
Since launching April 2017, Toyota AI Ventures had assembled $200m in funding and a 27-strong portfolio, guiding Toyota towards potentially disruptive early-stage technologies.
Citing his experience as a…