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Volkswagen disclosed a $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup, in June 2020. Ford has invested in the start-up as well.
Volkswagen No Longer Investing In Self-Driving Startup Argo AI
Calender
Oct 29, 2022 01:19 AM
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1 mins read
Volkswagen disclosed a $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup, in June 2020. Ford has invested in the start-up as well.
 Argo AI Autonomous Car Startup,  Backed By VW & Ford, Shuts Down
Argo AI Autonomous Car Startup, Backed By VW & Ford, Shuts Down
calender
Oct 27, 2022 11:22 PM
The closure of Argo AI is indictive of a growing trend of waning faith in Autonomous Vehicles as the world nears an economic downturn.
Tesla Cars Will Not Be Approved As Fully Self Driving This Year, Musk Says
Tesla Cars Will Not Be Approved As Fully Self Driving This Year, Musk Says
calender
Oct 27, 2022 10:52 PM
Tesla says the cars still need to be driven with human oversight.
Hyundai's Air Taxi Unit Picks Honeywell As Avionics Supplier
Hyundai's Air Taxi Unit Picks Honeywell As Avionics Supplier
calender
Oct 27, 2022 05:41 PM
Under the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.
Maserati Teases First Electric GranCabrio Convertible EV Prototype
Maserati Teases First Electric GranCabrio Convertible EV Prototype
calender
Oct 27, 2022 02:09 PM
There aren't many electric convertibles doing the rounds which makes the GranCabrio very unique.
Hyundai & WeRide Plan To Have Self Driving Cars Propelled By Hydrogen In China
Hyundai & WeRide Plan To Have Self Driving Cars Propelled By Hydrogen In China
calender
Oct 27, 2022 01:59 PM
Hyundai is pushing ahead with developing hydrogen fuel cell-based self-driving vehicles.
Explainer-What Is An 'Everything App' And Why Does Elon Musk Want To Make One?
Explainer-What Is An 'Everything App' And Why Does Elon Musk Want To Make One?
calender
Oct 27, 2022 01:55 PM
The concept of an everything app, often referred to as a "super app," is massively popular in Asia and tech companies across the world have tried to replicate it.
Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 Outlook
Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 Outlook
calender
Oct 27, 2022 01:54 PM
Foxconn said it was "cautiously optimistic" about its fourth-quarter revenue outlook after reporting record-breaking September sales.
Mobileye IPO Not Capital Raise, But Market Entry -Intel CEO
Mobileye IPO Not Capital Raise, But Market Entry -Intel CEO
calender
Oct 27, 2022 01:53 PM
Intel's CEO Pat Gelsinger said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into the market.