Five year investment period with AI start-up Argo will lead up to 2021 - the date Ford has set for the launch of its self-driving car Ford has announced plans to invest $1 billion into an artificial intelligence start-up called Argo AI, as the company accelerates development of fully autonomous cars. The $1 billion investment will be seeded over a five-year period, with the marque planning to launch a vehicle capable of driving itself completely by 2021. • Self-driving cars: Everything you need to know Founded by former Google and Uber engineers, who were working on self-driving projects at those companies, Argo AI will be tasked with developing the software platform for Ford’s production self-driving system. Ford engineers are to be placed within the start-up firm. The technology which will be created by the collaboration may not be limited to just Ford vehicles either – the manufacturer says it could be licenced to other...
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