Autonomous Trucks
The autonomous tech company plans to integrate Embark’s tools, data, and software assets to improve its own solutions for the market. Argo AI, another Pittsburgh-based autonomous tech company, closed its doors just a few months before, with certain portions of the business being absorbed by its two biggest investors, Ford and Volkswagen. This was the result of the autonomous tech company failing to file its 2022 financial reports in a timely manner. But there are some players left in the game that are working to advance autonomous technology for the commercial trucking industry. Torc Robotics, which has been developing autonomous technology for more than a decade, is benefitting from the backing of a global OEM.