{"id":294161,"date":"2017-02-14T07:00:45","date_gmt":"2017-02-14T07:00:45","guid":{"rendered":"http:\/\/citifmonline.com\/?p=294161"},"modified":"2017-02-14T07:00:45","modified_gmt":"2017-02-14T07:00:45","slug":"ford-pledges-1bn-for-ai-start-up","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=294161","title":{"rendered":"Ford pledges $1bn for AI start-up"},"content":{"rendered":"<p class=\"story-body__introduction\">Car giant Ford has announced that it is investing $1bn (\u00a3800m) over the next five years in artificial intelligence (AI) company Argo.<\/p>\n<p>The firms will collaborate on developing a virtual driver system for driverless cars.<\/p>\n<p>Ford intends to have an autonomous vehicle ready to launch in 2021.<\/p>\n<p>Argo was founded by CEO Brian Salesky and chief operating officer Peter Rander, who led self-driving car teams at Google and Uber respectively.<\/p>\n<p>The investment makes Ford the firm&#8217;s majority stakeholder.<\/p>\n<p>&#8220;The next decade will be defined by the automation of the automobile, and autonomous vehicles will have as significant an impact on society as Ford&#8217;s moving assembly line did 100 years ago,&#8221; said chief executive Mark Fields.<\/p>\n<p>Ford has two autonomous vehicles currently licensed for testing in California but a recent report revealed that they only covered 590 miles in 2016.<\/p>\n<p>A human driver had to take control three times, twice to abort lane changes.<\/p>\n<p>In the same period BMW reported 638 miles and one disengagement of autonomous control, and Google 636,000 miles and 124 disengagements.<\/p>\n<p>Other US states do not require car manufacturers to report these figures.<\/p>\n<p>&#8211;<\/p>\n<p>Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Car giant Ford has announced that it is investing $1bn (\u00a3800m) over the next five years in artificial intelligence (AI) company Argo. The firms will collaborate on developing a virtual driver system for driverless cars. Ford intends to have an autonomous vehicle ready to launch in 2021. Argo was founded by CEO Brian Salesky and [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[106],"tags":[499,4035,4036],"class_list":["post-294161","post","type-post","status-publish","format-standard","hentry","category-technology","tag-ai","tag-artificial-intelligence","tag-ford-news"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/294161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=294161"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/294161\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=294161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=294161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=294161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}