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The investment in Pittsburg-based Argo AI, founded by former executives on self-driving teams at Google and Uber, will make Ford the companys largest shareholder.

Ford to invest $1 billion in autonomous vehicle tech firm Argo AI

Ford Chief Executive Officer Mark Fields said the investment is in line with previous announcements on planned capital...

12 Feb 2017 9:20 PM IST

The investment in Pittsburg-based Argo AI, founded by former executives on self-driving teams at Google and Uber, will make Ford the companys largest shareholder.

Ford to invest $1 billion in autonomous vehicle tech firm Argo AI

Once the technology is fully developed for Ford, it could be licensed to other companies.

11 Feb 2017 8:23 AM IST