January 30, 2023
As Argo AI shuts down, will its driverless tech go away Austin’s streets?
As Argo AI shuts down, will its driverless tech go away Austin’s streets?

Argo AI, a expertise firm that has been testing its driverless automobile platoform in Austin, is shutting down.

The Pittsburgh-based firm has been working in Central Texas since 2019 in partnership with Ford Motor Firm. Ford has been deploying prototypes in Austin to determine the town as a proving floor for autonomous car expertise. 

“In coordination with our shareholders, the choice has been made that Argo AI won’t proceed on its mission as an organization. Most of the workers will obtain a chance to proceed work on automated driving expertise with both Ford or Volkswagen, whereas employment for others will sadly come to an finish,” Argo AI mentioned in a written assertion.

Argo AI is being absorbed into its two greatest backers, Ford and Volkswagen. Argo AI has greater than 2,000 workers within the U.S. and in Europe.

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