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TechCrunch - Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $
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October 26, 2022
Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, according to people familiar with the matter.During an all-hands meeting today, Argo AI employees were told that some people would receive offers from the two automakers, according to multiple sources who asked to not be named. It was unclear how many would be hired into Ford or VW and which companies will get Argo’s technology.Link in the bio to the full story! 👆 Image Credits: FordStory by Kirsten Korosec#TechCrunch #technews #Ford #ArgoAI
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