DETROIT — 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 ...

Patrick Damp is a web producer for CBS Pittsburgh. A Pittsburgh native who grew up watching KDKA-TV, Patrick studied journalism at Indiana University of Pennsylvania. After half a decade in sports ...

An Argo Ai self-driving test vehicle in New York in July 2019. Argo AI, a promising developer of self-driving car technology that raised billions of dollars from Ford and Volkswagen, is shutting down ...

Ford and Volkswagen are trying to squeeze any remaining value out of Argo AI, the autonomous vehicle startup the two automakers invested billons in before abruptly shutting it down last week. One of ...

The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, according to people ...

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, ...

Oct 26 (Reuters) - Self-driving startup Argo AI will shut down operations and its employees and parts will be absorbed by its main backers, Ford Motor Co (F.N), opens new tab and Volkswagen AG (VOWG_p ...

DETROIT, Oct 26 (Reuters) - The road map to fully self-driving vehicles is being rewritten once again, this time by Ford Motor Co (F.N), opens new tab and Volkswagen AG (VOWG_p.DE), opens new tab.

Ford has shown just how committed it is to the future of self-driving cars by investing a staggering $1 billion (£800 million) in a new AI company. The huge investment, which will be spread over five ...

Nearly a year after it was first announced in New York, the collaborative investment deal between Ford, Volkswagen and Argo AI officially closed today. Pittsburgh-based Argo AI now has a foothold in ...