Back in December, an artificial intelligence start-up known as Argo AI developed, focusing on developing autonomous vehicle technology. Now, it has gained the support of one of the oldest automobile manufacturers in the country: Ford.
Over the course of the next five years, Ford will be making a $1 billion investment in the start-up, making this Ford’s biggest effort to move into the self-driving industry. Argo AI will function as a subsidiary of Ford, with Ford maintaining its independence as the majority shareholder. Ford is reported to view mobility services as potentially more profitable than its traditional business of making and selling cars. The autonomous vehicle is scheduled for release in 2021.
 Mike Isaac and Neal E. Boudette, Ford to Invest $1 Billion in Artificial Intelligence Start-Up, NY Times, (Feb. 10, 2017), https://www.nytimes.com/2017/02/10/technology/ford-invests-billion-artificial-intelligence.html?rref=collection%2Fsectioncollection%2Ftechnology.
 Stefan Ogbac, Ford Announces Investment in Artificial Intelligence Company Argo AI, Motor Trend, (Feb. 12, 2017), http://www.motortrend.com/news/ford-announces-investment-artificial-intelligence-company-argo-ai/.
 Isaac, supra note 1.
 Ogbac, supra note 3.