Ford steers $1 billion into Argo AI self-driving car brain startup

Wibbitz Top Stories 2017-02-10

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Ford announced today a $1 billion investment in machine-learning startup Argo AI. Argo AI was founded by Bryan Salesky, a multi-year veteran of Google’s self-driving team, and Peter Rander, who led autonomous efforts at Uber up until September 2016. Ford CEO Mark Fields said, "For accounting purposes, Argo AI will be a subsidiary of Ford, but have a lot of independence. Its sole focus over the next five years will be developing self-driving software for Ford vehicles."

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