World Bulletin / News Desk
Ford will invest $1 billion over five years in an artificial intelligence startup with the aim of developing an autonomous vehicle by 2021, the auto giant said Friday.
Ford will take a majority stake in Argo AI, an artificial intelligence company based in Pittsburgh, started in late 2016 by former Google and Uber employees who had worked on autonomous driving.
The venture will employ leading engineers and "roboticists" to develop a "virtual driver" system, described by Ford officials as the "brain" of an autonomous vehicle.
The setup is intended to give Ford a head start on competitors in the race to commercialize autonomous vehicles, said Ford executive vice president Raj Nair.
"This is really unique in the industry," Nair said on a conference call with analysts.
It will have the "speed and nimbleness of a startup, but also integrated into a full production development team."
Nair said research towards full autonomy has moved "beyond the research phase," but there remains the need for a "tremendous leap" between the driver-assist technologies now available and full autonomy.
Argo AI employees will have a minority equity stake in the venture. The structure is intended to lure top engineers to the venture, Ford executives said.
Argo AI plans to hire more than 200 people at sites in Pittsburgh, Michigan and Silicon Valley, according to a press release.
Argo AI and other boosters of autonomous driving argue it could make roads safer and open up mobility to the elderly and others.
"We are at an inflection point in using artificial intelligence in a wide range of applications, and the successful deployment of self-driving cars will fundamentally change how people and goods move," Argo AI chief Bryan Salesky said.
Facebook is looking at creating "silent-speech interfaces" based on sensors that could be worn, and made in quantity.
The arbitration court in Moscow approved the deal which lasts for six years and nine months, Russian news agencies said.
The security improvement was described as being part of a broader effort to rid the leading social network of hoaxes, misinformation and fake news by verifying people's identities.
Last year, Musk announced that Tesla plans to build a new pickup truck, an urban bus, and launch a sharing system of self-driving cars.
Plunging the Cassini spacecraft down over Saturn's moon Enceladus , the space agency was able to capture samples of water plumes erupting from the surface.
Enceladus likely contains environments similar to Earth
Facebook chief Mark Zuckerberg has sought to deflect criticism that the huge social network may have been used to fuel the spread of misinformation that affected the 2016 US presidential race.
The inexpensive technique, which can have broad applications in monitoring and protecting aquatic life, was conducted in the East River, which is actually an inlet, and the Hudson River last year.
The skin sensors currently used to monitor vital signs in babies born prematurely generate false alarms in up to 90 percent of cases, mainly set off by the baby's movement.
Social media platform says government summons for user’s identity was withdrawn
Social media company reveals lengthy list of tips to improve its users’ ability to spot hoaxes
The proceedings, against Apple Pty Limited and its US-based parent Apple Inc, were brought on behalf of 275 consumers.
Late last year, the company reported its first quarterly profit in more than three years, but then slipped back into unprofitability in the following quarter.
New Twitter users with eggs as profile pictures risked being mistaken for trolls at first glance, according to the service.
Toshiba is expected to negotiate with individual candidates this month.
2 astronauts conduct spacewalk outside ISS but lose important piece of shielding