US carmaker Ford is to invest US$1bil (RM4.44bil) over the next five years in an AI startup with the aim of fast-tracking its autonomous vehicle plans.
Ford wants a virtual driver system for an autonomous vehicle scheduled to meet the public in 2021 and so has decided to enlist the skills of Pittsburgh-based Argo AI, a startup with fewer than 200 employees but one set up by Bryan Salesky and Peter Rander who formerly led Google and Uber self-driving car project teams respectively.
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