Ford to invest $1 billion in artificial intelligence for your car

Over the next five years, Ford will pour $1 billion into an artificial-intelligence company tasked with developing the technology that one day will drive its autonomous vehicles. The technology also could be licensed to other automakers, executives said. Pittsburgh-based Argo AI was founded late last year by Bryan Salesky and Peter Rander, who previously worked on self-driving-car initiatives at Google and Uber, respectively. The company will include staff members at Ford who have been developing its virtual driver system for the past several years. In a phone call Friday, chief executive Mark Fields said the investment will help Ford bring its self-driving cars to market by the company's previously stated goal of 2021.