Saturday, February 18, 2017

Ford%20invests%20%241%20billion%20in%20Pittsburgh-based%20Argo%20AI%20to%20build%20self-driving%20cars%20by%26nbsp%3B2021

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Ford%20invests%20%241%20billion%20in%20Pittsburgh-based%20Argo%20AI%20to%20build%20self-driving%20cars%20by%26nbsp%3B2021
City traffic at night Ford has invested $1 billion in a joint venture with Argo AI, a Pittsburgh-based company with ties to Carnegie Mellon. The goal is to completely outfit Ford vehicles with self-driving technology. Interestingly this isn’t a case of a large company simply hiring talent but the creation of an entirely separate company with an independent equity structure. Ford is the “majority… Read More

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