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.
Read more: https://techcrunch.com/2017/02/18/ford-invests-in-pittsburgh-based-argo-ai-to-build-self-driving-cars-by-2021/?source=Snapzu