Autonomous Vehicle News
A Ford Argo AI test vehicle parked in front of the Ford headquarters in Dearborn, Mich. (Jeff Kowalsky/Bloomberg News)[Stay on top of transportation news: Get TTNews in your inbox.] The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, according to people familiar with the matter. It will be based in Pittsburgh, which was home to Argo and is also the headquarters city for Ford Motor Co.’s new semi-autonomous-driving subsidiary, Latitude AI. The two autonomy entrepreneurs are starting anew after Ford and Volkswagen AG pulled the plug on Argo, shutting down the startup with more than 2,000 employees worldwide. Waymo has had layoffs while its parent company focuses on AI in other applications.