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Toshiba plans $320m AI research hub to spearhead recovery

New complex will bring together 3,000 experts in pursuit of breakthrough

Toshiba's new R&D complex in Kawasaki includes a 12-story tower, as seen in an artist rendering.

TOKYO -- Toshiba will spend around 34 billion yen ($321 million) on a new research and development complex in Japan geared toward artificial intelligence and security technologies.

A portion of an existing R&D center in Kawasaki, near Tokyo, will be rebuilt for the first time in its six-decade history. The new complex will consist of two buildings, including a 12-story tower, and accommodate about 3,000 people -- more than double the current size and capacity.

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