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Ford Invests $1 Billion In AI Startup For Self-Driving Cars

  • Wired, Wednesday, February 15, 2017 9:05 AM

Ford has shown just how committed it is to the future of self-driving cars by investing a staggering $1 billion (£800 million) in a new AI company. The huge investment, which will be spread over five years, is being made into Argo AI, a startup based in Pittsburgh, with engineering hubs in Southeastern Michigan and the Bay Area of California. The firm has staff from Carnegie Mellon University which has helped develop self-driving vehicles for both Uber and Google.

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