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Ford kills Argo AI, saying self-driving future still far off

Por: Los Angeles Times Business October 27, 2022

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Ford said Wednesday that it is disbanding Argo AI, an autonomous vehicle company that it jointly owns with Volkswagen. Executives said they didn't see a path to profit on fully autonomous vehicles, and it will now focus on partially automated driver-assist systems, which need to be monitored by humans. Ford is taking a $2.7-billion accounting charge to reduce the value of its investment in Pittsburgh-based Argo, and it's writing off a... + full article



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