by Angela Guess According to a new press release, “Ford Motor Company today announces it is investing $1 billion during the next five years in Argo AI, an artificial intelligence company, to develop a virtual driver system for the automaker’s autonomous vehicle coming in 2021 – and for potential license to other companies. Founded by […]
Velodyne LiDAR Gears Up for the Autonomous Revolution
by Angela Guess A recent press release out of the company reports, “Velodyne LiDAR, Inc., the recognized global leader in Light, Detection and Ranging, or LiDAR technology, today announced the completion of a combined $150 million investment from co-investors Ford Motor Company and China’s leading search engine company Baidu, Inc. The investment will allow Velodyne […]