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Gurley Motor Company
New Mexico's Oldest Ford Dealership - Since 1933
Phone: (866) 211-5730
701 W. Coal Ave.
Gallup, NM 87301
Ford's Artificial Intelligence Investment
Ford’s technology isn’t exactly lacking but the automaker is taking steps to ensure that its autonomous vehicles are ready for production with no delays. A massive $1 billion investment into a small startup is scheduled to help the American automaker push forward as usual.
The manufacturer plans to invest $1 billion in Argo AI over the next five years. The funds will go towards developing a virtual driver platform designed to operate self-driving vehicles.
Brian Salesky and Peter Rander, founders of Argo AI, aren’t exactly new to the technology. Salesky was a part of Google’s self-driving program while Rander headed up Uber’s own self-driving program. The $1 billion investment will allow the startup to increase the number of engineers to 200 by the end of the year.
Argo AI will develop the system that actually controls self-driving vehicles without any human interaction. The software team will be a part of the development process and work closely with Ford’s own engineers. The automaker has been working on its own software in-house with great success over the past few years.
Ford aims to have autonomous vehicles operating and in production by 2021.