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