Ford invests $ 1 billion in startup for self-propelled cars

Ford invests $ 1 billion in startup for self-propelled cars

Car maker Ford is investing $ 1 billion in the startup Argo AI. This company specializes in artificial intelligence (AI) that can be used for self-propelled cars.

Argo AI is controlled by former Google and Uber-experts. The investment over the next five years paid leave the company Friday during a news conference to know, reports Reuters. With this investment, Ford is the largest shareholder of the company.

The startup, at that time, an AI system must be built that may be used will be in the self-propelled cars that Ford has for 2021 has planned.

When the technology is ready and Ford that are in use, then it is possible that the software is licensed to other companies.

Taxi services

Mid-last year made Ford announced that the company expected in 2021 on a large scale, a self-propelled vehicle to produce for chauffeurloze taxi services.

That self-propelled cars, no steering wheel, accelerator or brake. The car is specifically designed for taxi’s and deelauto no driver around. Ford expects that such cars, the taxi market in the coming decade are going to dominate.

Want the carmaker to invest in the development of 3D maps, and radar – and camerasensoren.

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