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.
The plane took off from the Siberian city of Irkutsk where the Irkut company is based, said Deputy Prime Minister Dmitry Rogozin, writing on Twitter.
A NASA statement described the planet as "a complex, gigantic, turbulent world" that is far different than scientists previously thought.
Scientists have completed initial study in Antarctica to establish Turkey's first base on the continent
According to documents released in March by Wikileaks, US intelligence can hack smartphones, computers and smart, web-connected TVs, to pilot them and eavesdrop.
"IOT home appliances, things that can be used in our everyday lives, our cars, lights, refrigerators, everything like this that is connected can be used and weaponised to spy on us or harm us."
The deal enables GE's "Geneva" to communicate with the Google Assistant, so users can say: "Ok Google, ask Geneva Home to set the oven timer for 10 minutes."
The malware uses a hacking tool known as EternalBlue, which was published last month by an anonymous hacking group called Shadow Brokers, saying it had been obtained from the US National Security Agency.
Firms say they will also focus on developing 5G technology, following recent deal
European policing and security agencies said the fallout from a ransomware attack that has already crippled more than 200,000 computers around the world could deepen as people return for another work week.
The head of the pan-European Union policing agency said that few had given in to the demands for payment to unblock files so far, but warned that the situation was escalating.
Microsoft's aim on Wednesday was on businesses and software developers, whether they been students building a fun app or professional technology teams.
The firm's market capitalization climbed to $815.08 billion on Monday -- a first for any company in history
WeChat, which had 889 million global users by the end of 2016, was not properly registered with Russian regulators, Tencent said.
The survey released Thursday by Strategy Analytics showed Apple grabbed a 15.9 percent share of the wearables market in the first quarter.
According to the Washington Post reports,the investigation into Uber's secret software is in its early stages