Ford and VW announced that the companies would be ending their investment in Argo AI and that the company would be shutting its doors.

On the podcast this week, we discuss the dissolution of Argo AI, the state of autonomous driving, and we learn about the new RaaS performance contract for Covariant.AI

Ford’s CEO, Jim Farley, gave more insight into the company’s decision to stop investing in Argo AI during Ford’s third-quarter earnings call. 

Argo AI, the self-driving company previously backed by Ford and VW, is closing down. 

Lyft has started offering autonomous rides, with two safety drivers on board, in Austin, Texas.

The well-funded driverless car company said it is making prudent adjustments to best continue on a path for success.

Argo AI and The League of American Bicyclists released best practices for creating self-driving systems that operate safely around bicyclists.

In July 2019, investments in robotics, autonomous vehicles, and drones increased, despite a decline in the number of transactions.

Volkswagen is becoming an equal partner with Ford in Argo AI, which is developing self-driving car technology. The companies will also be working on developing electric vehicles and vans for Europe.

Argo AI, a Pittsburgh-based autonomous vehicle company, has donated $15 million to Carnegie Mellon University (CMU) to fund a new research center. The Carnegie Mellon University Argo AI Center for Autonomous Vehicle Research will “pursue advanced research projects to help overcome hurdles to enabling self-driving vehicles to operate in a wide variety of real-world conditions,…