Argo AI
Founders of shuttered Argo AI launch autonomous trucking startup
The founders of shuttered self-driving car startup Argo AI, which was abandoned by Ford Motor Co. and Volkswagen AG, are starting an autonomous trucking business with $1 billion in backing from Japan’s SoftBank Group Corp.
“With our proprietary technology and expertise as well as the commitment from our long-term partner in SoftBank, we are confident we will revolutionize the trucking and freight industries,” Bryan Salesky, founder and CEO of Stack AV, said in a news release.
The move is...
https://www.freightwaves.com/news/founders-of-shuttered-argo-ai-launch-autonomous-trucking-startup
Legislators, industry leaders agree collaboration key to driverless vehicle adoption
It’s no secret that self-driving vehicles are a thing. From trucks to passenger vehicles to middle-mile delivery vans, companies across the transportation industry are doing everything they can to get drivers out of vehicles.
But they can only do so much. Currently, there exists no overarching federal legislation for the regulation of driverless vehicles, with the only framework in place being a patchwork of state-by-state regulations and statutory requirements. That has severely limited their...
Walmart drives closer to autonomous delivery with Ford, Argo AI deal
Ford and Argo AI, which are already collaborating on an autonomous vehicle pilot for rideshare with Lyft, are adding a package delivery pilot to the mix with a separate agreement with Walmart.
The three companies will begin autonomous vehicle delivery service in Miami, Austin, Texas, and Washington. The service will use Ford (NYSE: F) vehicles equipped with Argo AI’s self-driving technology.
“Our focus on the testing and development of self-driving technology that operates in urban areas where...
Ford to run self-driving cars on Lyft network later this year
Lyft will begin running autonomous vehicles within its rideshare network before the end of 2021 through a partnership with Ford and Argo AI.
The three companies announced an agreement Wednesday morning that will place self-driving ride-hailing vehicles on Miami city streets later this year and on Austin, Texas, roadways in 2022.
“This collaboration marks the first time all the pieces of the autonomous vehicle puzzle have come together this way,” Lyft (NASDAQ: LYFT) co-founder and CEO Logan Green...
https://www.freightwaves.com/news/ford-to-run-self-driving-cars-on-lyft-network-later-this-year