• About
  • Advertise
  • Privacy & Policy
  • Contact
Tech News, Magazine & Review WordPress Theme 2017
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Review

    National Academy of Sciences endorses embryonic engineering

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    Fujifilm X-T2 review: The definition of a great camera

    The Analogue Nt Mini is the perfect NES console for video game lovers

    Using a mind reading device, ‘locked-in’ patients told researchers they’re happy

    Watch Cruise’s self-driving Bolt EV navigate smoothly to SF’s Dolores Park

  • Gaming

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    National Academy of Sciences endorses embryonic engineering

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    The Analogue Nt Mini is the perfect NES console for video game lovers

    GoPro’s Karma drone is back on sale after design flaw made them fall out of the sky

  • Gear
    • All
    • Audio
    • Camera
    • Laptop

    Apple Watch Series 2 Is Swimproof and Comes With Built-In GPS

    National Academy of Sciences endorses embryonic engineering

    Jack Dorsey says he’ll continue running both Square and Twitter

    Fujifilm X-T2 review: The definition of a great camera

    The Warby Parker of hair color, Madison Reed, scores new funding and a CMO

    Shopify CEO attempts to defend continued hosting of Breitbart’s online store

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    Fujifilm X-T2 review: The definition of a great camera

    Shopify CEO attempts to defend continued hosting of Breitbart’s online store

    SpaceX targets February 18 for Dragon resupply mission to ISS

  • Applications

    Apple Watch Series 2 Is Swimproof and Comes With Built-In GPS

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    National Academy of Sciences endorses embryonic engineering

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    Jack Dorsey says he’ll continue running both Square and Twitter

  • Security

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    National Academy of Sciences endorses embryonic engineering

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    The Warby Parker of hair color, Madison Reed, scores new funding and a CMO

    Shopify CEO attempts to defend continued hosting of Breitbart’s online store

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Review

    National Academy of Sciences endorses embryonic engineering

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    Fujifilm X-T2 review: The definition of a great camera

    The Analogue Nt Mini is the perfect NES console for video game lovers

    Using a mind reading device, ‘locked-in’ patients told researchers they’re happy

    Watch Cruise’s self-driving Bolt EV navigate smoothly to SF’s Dolores Park

  • Gaming

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    National Academy of Sciences endorses embryonic engineering

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    The Analogue Nt Mini is the perfect NES console for video game lovers

    GoPro’s Karma drone is back on sale after design flaw made them fall out of the sky

  • Gear
    • All
    • Audio
    • Camera
    • Laptop

    Apple Watch Series 2 Is Swimproof and Comes With Built-In GPS

    National Academy of Sciences endorses embryonic engineering

    Jack Dorsey says he’ll continue running both Square and Twitter

    Fujifilm X-T2 review: The definition of a great camera

    The Warby Parker of hair color, Madison Reed, scores new funding and a CMO

    Shopify CEO attempts to defend continued hosting of Breitbart’s online store

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    Fujifilm X-T2 review: The definition of a great camera

    Shopify CEO attempts to defend continued hosting of Breitbart’s online store

    SpaceX targets February 18 for Dragon resupply mission to ISS

  • Applications

    Apple Watch Series 2 Is Swimproof and Comes With Built-In GPS

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    National Academy of Sciences endorses embryonic engineering

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    Jack Dorsey says he’ll continue running both Square and Twitter

  • Security

    To regain advertiser trust, Facebook is tracking ads by the millisecond

    National Academy of Sciences endorses embryonic engineering

    Google has been asked to take down over a million websites

    Watch Dogs 2 Update Coming This Week, Here’s What It Does

    The Warby Parker of hair color, Madison Reed, scores new funding and a CMO

    Shopify CEO attempts to defend continued hosting of Breitbart’s online store

No Result
View All Result
rTechnews
No Result
View All Result

Volkswagen makes official investment in Argo AI, will share costs with Ford

gadgetnews by gadgetnews
June 2, 2020
Share on FacebookShare on Twitter


More funding for Argo AI, shared costs between Ford and VW. Everyone wins.

Argo AI

Ford, Volkswagen and Argo AI made it official on Tuesday. VW has made an investment in the self-driving technology company, which charts a course for shared development costs for any autonomous vehicle technologies to come.

It’s unclear how deep VW reached into its wallet, but a previous report pegged a coming investment at $1.7 billion. At the time, Argo AI was reportedly valued at $4 billion, which would put VW’s investment at nearly 50% of its value. VW previously said it planned a total of $2.6 billion worth of investment in Argo AI as well, while Ford already committed $4 billion through 2023 and said a vast portion of the sum will go toward a self-driving system’s development.

While we don’t have a dollar amount for today’s announcement, the investment is a big bridge built for the growing VW and Ford alliance.

Last summer, both automakers announced they’d work with Argo AI to develop self-driving car tech in both the US and Europe. VW’s investment gives Argo AI some pretty massive scale, and the company rightly points out it’s the only one with commercial plans in the works for both the US and Europe. Argo AI says the scale for its company is crucial as it works to develop a cost-efficient self-driving system.

Argo AI’s third-generation self-driving car doesn’t look too different
See all photos

What the deal doesn’t mean is total collaboration. Ford underscored that it will be “fiercely competitive” in building its own self-driving service and not share any plans with VW. And with the German automaker on board to share costs, the Blue Oval can redeploy capital elsewhere, without reducing its investment in autonomous technologies.

Aside from the Argo AI partnership, VW and Ford have tied the knot in other regards. Ford will build a new pickup truck for both itself and VW by 2022 and the German automaker will lend Ford the keys to its MEB electric car platform. Ford will then develop its own electric vehicle on VW’s platform. Building cars isn’t cheap, and further collaboration to reduce costs is the name of the game these days.

As for when we’ll see a self-driving service from Ford, it’s been delayed. The automaker said this year a planned robotaxi service will debut in 2022 and blamed the coronavirus pandemic. To date, no company has launched a truly public ride-hailing service with self-driving cars.

Now playing:
Watch this:

Join us for a ride in Ford’s prototype self-driving car

5:57



Source link

gadgetnews

gadgetnews

Next Post

Red Magic 5G review

Please login to join discussion

Recommended.

Huge Black Friday PC Games Sale Features Over 4,700 Deals, Including Yakuza: Like A Dragon

Huge Black Friday PC Games Sale Features Over 4,700 Deals, Including Yakuza: Like A Dragon

November 22, 2020
Best Choice 40″ Tabletop Air Hockey Game Table for $53 + free shipping

Best Choice 40″ Tabletop Air Hockey Game Table for $53 + free shipping

December 29, 2020

Trending.

Bose SoundLink Revolve II Review: The Same but Better

Bose SoundLink Revolve II Review: The Same but Better

February 14, 2021
Samsung Q70T Review: QLED with 4K 120fps

Samsung Q70T Review: QLED with 4K 120fps

October 13, 2020
Sony Xperia Compact 2021 rumoured specs and availability

Sony Xperia Compact 2021 rumoured specs and availability

April 2, 2021
Genshin Impact’s Zhongli Is Available As A Playable Character This Week

Genshin Impact’s Zhongli Is Available As A Playable Character This Week

November 30, 2020
AT&T TV review: Great for sports fans and channel flippers, but expensive

AT&T TV review: Great for sports fans and channel flippers, but expensive

April 2, 2021
rTechnews

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Categories

  • Apple
  • Applications
  • Audio
  • Camera
  • Computers
  • Gadget Reviews
  • Gaming
  • Gaming News
  • Gear
  • Laptop
  • Latest News
  • Microsoft
  • Photography
  • Review
  • Security
  • SmartPhone News

Tags

Apple Watch 2 Best iPhone 7 deals Buying Guides CES 2017 iOS 10 iPhone 7 Nintendo Switch Playstation 4 Pro Sillicon Valley

Recent News

WWE 2K22 Announced During Wrestlemania 37 With First Game Footage

WWE 2K22 Announced During Wrestlemania 37 With First Game Footage

April 11, 2021
Hitchhiker’s Guide to The Galaxy TV Show Release Date & News

Hitchhiker’s Guide to The Galaxy TV Show Release Date & News

April 11, 2021
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Review
  • Apple
  • Applications
  • Computers
  • Gaming
  • Gear
    • Audio
    • Camera
  • Microsoft
  • Photography
  • Security

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.