Ford to invest $1b in autonomous vehicle tech firm Argo AI

Ford to invest $1b in autonomous vehicle tech firm Argo AI

The corporate logo of Ford is seen at a Ford branch in Caracas March 27, 2015. REUTERS/Carlos Garcia Rawlins

Ford Motor Co plans to invest $1 billion over the next five years in tech startup Argo AI to help the Detroit automaker reach its goal of producing a self-driving vehicle for commercial ride sharing fleets by 2021, the companies announced on Friday.

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