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Ford CEO Farley explains the business factors behind Argo AI's shuttering
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Ford CEO Farley explains the business factors behind Argo AI's shuttering
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27th October 2022, 08:24
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Ford CEO Farley explains the business factors behind Argo AI's shuttering Shortly after news broke Wednesday afternoon that its self-driving subsidiary Argo AI would be wound down, Ford CEO Jim Farley joined in on the company's Q3 earnings call and spoke at length about how senior management came to that decision. "It's estimated that more than a hundred billion has been invested in the promise of level four autonomy," he said during the call, "And yet no one has defined a profitable business model at scale." https://www.engadget.com/ford-ceo-fa...0.html?src=rss |
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