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Argo AI, a driverless startup backed by Ford and Volkswagen laid off about 150 employees after experiencing a rapid period of growth that led the company to become overstaffed.
Ford and VW-backed self-driving car company Argo AI is removing safety drivers from its ride-hail cars in Miami and Austin as part of a new test of the technology.
Argo AI, a self-driving car startup, is expanding its headquarters in Pittsburgh’s Strip District. The company will take over three additional floors at the 130,500-square-foot office building. “Argo AI was founded in Pittsburgh and the city will always be home to our global headquarters,” Argo AI wrote in a statement.
Self-driving technology executives say state regulations on driverless vehicle testing limit their industry's growth in Pittsburgh. They say the region also must equip its workforce to fill a range of roles at their companies.
Argo AI (Argo), a global autonomy products and services company, will establish a test facility in Greenville County. The company's $2.6 million investment is expected to create 40 new jobs.