Volkswagen closes $2.6 billion investment in self-driving startup Argo AIChristian Fernsby ▼ | June 2, 2020
Volkswagen has closed its $2.6 billion investment in Argo AI, the Pittsburgh based self driving startup disclosed in a blog post on Tuesday.
Pittsburgh Volkswagen Chinese
VW’s agreement includes the transfer to Argo of its Munich-based Autonomous Intelligent Driving unit, which boosts Argo’s employment to more than 1,000, according to Salesky. ■