Aurora CEO Chris Urmson weighs in on Argo AI shutdown - The Robot Report
Aurora's premier product, the Aurora Driver, can be used to autonomously operate passenger vehicles, light commercial vehicles and heavy-duty trucks. Ford and VW announced this week that the companies would be ending their investment in Argo AI, a self-driving company with partnerships with Lyft and Walmart, and that the company would be shutting its doors. Some of Argo AI's around 2,000 employees would either be receiving offers from Ford, whose president and CEO said the company expected to make several hundred offers, or VW. The rest would be let go and receive severance packages that include insurance and two separate bonuses. Chris Urmson, the co-founder and CEO of Aurora, a self-driving company that has partnerships with Toyota and Uber, shared a note to Aurora's newsletter about the recent news.
Oct-29-2022, 03:40:17 GMT
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