Feb 12 2017
Ford announced that it is making an investment of $1 billion for next 5 years in artificial intelligence Company, named Argo AI. "The next decade will be defined by the automation of the automobile", Ford CEO Mark Fields said in a statement, per Ars Technica, predicting that self-driving technology will change the world as much as the Ford assembly line did a century ago.
Salesky, who said he spoke with a number of partners, said he liked Ford's approach to self-driving cars better than other potential partners. In 2016, Ford had joined forces with the Chinese search giant Baidu to invest over $150 million in Velodyne, a firm that builds LIDAR sensors for autonomous cars and produce them at a cheaper rate.
Salesky and Rander, as well as other Argo AI executives, have worked on robotics and AI at Carnegie Mellon University in Pittsburgh, which helps explain the placement of the startup's headquarters.
With this investment, the automaker will also become the largest shareholder in Argo AI.
Argo, which is headquartered in Pittsburgh but has offices in both MI and California, hopes to expand its team to have more than 200 employees by the end of the year. Ford also noted that the technology developed by Argo AI could eventually be licensed out.
Sears says to cut $1 billion in costs, shares surge 40 percent
In addition, the retailer announced plans to reduce its outstanding debt and pension obligations of $1.5 billion for fiscal 2017. Sears Holdings revealed that it struck an amended asset-based credit facility.
Was never allowed to meet Jayalalithaa when she was hospitalised, claims Panneerselvam
He (OPS) is a traitor, somebody has asked him to speak like this, ' she said of OPS before whisking her MLAs away. Meanwhile, AIADMK general secretary Sasikala had given befitting counter to OPS on Wednesday.
Alastair Cook reveals one regret as England captain
Root has just seven Tests before next winter's Ashes series, which is little time to get used to the role. They chose to back their captain who was younger and more central to their plans going forward.
Bryan Salesky, chief executive of Argo, spent three years leading hardware development for self-driving cars at Google.
Giving those workers a piece of the company as a sweetener is seen as critical to attracting and retaining talent in the competition between traditional automakers and Silicon Valley to develop cars of the future.
Salesky declined to say how many employees the startup has, but said that it wants to hire 200 workers. Salesky formerly worked on Google's self-driving auto team, and Rander did the same for Uber.
"That virtual driver system, that brain, needs a platform to power, and that's where our expertise in building cars comes in", Nair said. Ford's focus is on not only developing reliable self-driving technology, but also on making that technology commercially viable for mass-produced cars.
"This open collaboration is unlike any other partnership - allowing us to benefit from combining the speed of a startup with Ford's strengths in scaling technology, systems integration and vehicle design". This includes choices for using autonomous vehicles to move goods and people, such as ride sharing, ride hailing or package delivery fleets.
Feb 12 2017
In call with Putin, Trump denounced Obama-era nuclear arms treaty
He noted, according to RT.com, that he had met with then president Barack Obama in the Slovenian capital. I take it as a good sign that he's pushing back against Putin in negotiations, whatever the subject.
Feb 12 2017
Engineers Assess Spillway Problem at Oroville Dam
The hatchery, on the Feather River, is vital to the survival of chinook salmon, whose numbers have dwindled during the drought. But they said more rain could fill the the Oroville reservoir to capacity and cause an overflow by Saturday.
Feb 12 2017
Heaviest woman lifted by crane, lands Mumbai for treatment
Indian Embassy officials in Cairo had earlier denied Eman's request for a travel visa because she could not travel to the Embassy. The surgery will be performed free of charge and Eman's family will not have to pay for her post-surgery recovery too.
Feb 12 2017
2 in First Unveiling of Top 16
Wisconsin is the seventh ranked team in the country in the AP Poll, but was not featured in the official Bracket Preview. By planting a flag, the committee showed the college basketball community what it values most when building the bracket.
Feb 11 2017
How Worried Should We Be About Rumors of ICE "Raids"?
Or these sweeps in Austin, Texas: "Alvarado described her husband's arrest like 'he was being hunted". "They took my family away". Coalition for Humane Immigrant Rights of Los Angeles officials contended as many as 100 immigrants were detained by U.S.
Feb 08 2017
Freezing rain may impact Tuesday morning commute
Sustained wind speeds of 13 to 15 miles per hour are forecast for the Tri-Cities, with gusts up to 23 miles per hour . Before this changeover happens, a widespread accumulation of 3 to 6 inches of snow is expected.
Feb 07 2017
Random fan scores date with Eugenie Bouchard
Fast-forward a couple of hours later and the Patriots pulled of the miracle to beat the Falcons 34-28 in overtime. Although he doesn't appear in her Instagram photos, one image revealed the unique tattoos on his left arm.
Feb 07 2017
Xiaomi set to launch Redmi Note 4X on Valentine's Day
Xiaomi Redmi Note 4X is set for an official release on Valentine's Day, latest reports coming from China can confirm. After launching the Redmi Note 4 previous year , Xiaomi is all set to take the wraps off the follow up smartphone.
Feb 07 2017
Afghan civilian casualties hit all-time high, says UN
The report also documents an increase in attacks from the Islamic State in Iraq and Syria's branch in Afghanistan, known as ISKP. The Taliban, which has been fighting the central government since 2001, called United Nations findings biased.
Feb 07 2017
Djokovic survives Davis Cup scare, champions Argentina slump
Darcis won 6-4 3-6 2-6 7-6 (7-2) 7-6 (7-5) after Kohlschreiber looked set to clinch the match in the fourth set when he led 4-2. The latter led 4-1 in the final set and even had three match points in the 10th game before losing 3-6 6-3 6-4 4-6 7-6 (8-6).
Feb 12 2017Hundreds Of Whales Stranded At Farewell Spit Overnight
Feb 11 2017Circus-act Knicks host Nuggets after Oakley incident
Feb 11 2017IEA OMR: The First Cut is the Deepest
Feb 10 2017Groundwork Mortgage reports mortgage rates are still low
Feb 10 2017Militants kill 6 Red Cross workers in Afghanistan
Feb 09 2017Microsoft To Defend Cloud-Computing Customers from Patent Trolls
Feb 08 2017Hakan Calhanoglu denies ever talking to Turkish media about a Chelsea move
Feb 07 2017Top Senate GOPer distances from Trump, calls Putin 'thug'
Feb 07 2017Man arrested for 2016 strangling death of New York City jogger
Feb 06 2017Tom Brady's effect on Patriots also a formidable challenge for Falcons
Feb 12 2017Trump Says Iran's Nuclear Deal Inconceivable, Disastrous For Israel
Feb 11 2017Pic! Rosie O'Donnell Transforms into Steve Bannon
Feb 11 2017Why Cliffs Natural Resources, Pilgrim's Pride, and World Wrestling Entertainment Jumped Today
Feb 11 2017Judges sceptical about Trump travel ban
Feb 10 2017Arizona mother deported to Mexico in immigration action
Feb 10 2017The fight starts now? UK's Corbyn criticized after Brexit battle cry
Feb 09 2017Area Students Blame Falcons-Related Illnesses for Tardiness
Feb 09 2017Winter Weather Watch Issued for Many Ahead of Big Storm on Thursday
Feb 09 2017Region's growth slowed, but still outpaced national rate, census shows
Feb 09 2017Scottish MPs Reject Brexit
Feb 07 2017Australian woman dies in jet-skiing accident in Phuket
Feb 07 2017Profits fall at Ryanair as European fares tumble