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Sony chases SoftBank and Toyota in taxi-hailing fray

Group teams with fleet operators to develop AI-powered dispatching

Sony hopes to gain a foothold in Japan's taxi industry with AI-based hailing.

TOKYO -- Sony will lead a new Japanese effort to develop a taxi-hailing system that uses artificial intelligence to predict demand, entering a field of competition that includes the likes of Toyota Motor and Uber investor SoftBank Group.

Five taxi operators will form a joint venture with Sony to build the platform. The aim is to dispatch taxis more efficiently by analyzing such factors as past rides, traffic and weather conditions, and event schedules.

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