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February 18, 2017 02:30 pm GMT
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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6Eytp_N5jgQ/
Ford invests $1 billion in Pittsburgh-based Argo AI to build self-driving cars by 2021
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/6Eytp_N5jgQ/
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