Driverless start-up Argo cuts workforce

The driverless startup backed by Ford Motor Co and Volkswagen has laid off about 150 workers after “ramping up too quickly and finding itself overstaffed”. Argo AI has confirmed the layoffs from a global workforce that has grown to more than 2,000. “With incredible growth and progress made in our mission to deploy driverless vehicles, […]

Driverless car company gets VW investment to expand to Europe

The American self-driving car company Argo has received a $2.6 billion (approx £2 billion) investment from Volkswagen to expand into Europe. Its CEO Bryan Salesky has blogged that the move to add a centre in Europe “differentiates us as the only self-driving technology platform company with partnerships and commercial agreements for deployment across the U.S. and Europe.” […]