Ford And Volkswagen Folded Argo AI After Failing To Reach Deal With Amazon
Ford And Volkswagen Folded Argo AI After Failing To Reach Deal With Amazon
福特和大眾汽車在未能與亞馬遜達成交易後折疊 Argo AI
- Amazon.com Inc (NASDAQ: AMZN) ditched its plan to invest in Argo AI, Bloomberg reports. Argo is a start-up backed by Ford Motor Co (NYSE: F) and Volkswagen AG (OTC: VWAGY).
- Amazon initially planned to use Argo's self-driving technology to automate some of the electric delivery vans it's buying from Rivian Automotive, Inc (NASDAQ:RIVN), setting up a test fleet in multiple U.S. cities.
- Also Read: Amazon Weighs Paring Back On Unprofitable Businesses Like Alexa; Introduces New Warehouse Robot To Cut Down On Lag
- Ford and VW were eager to attract a third partner to Argo to help shoulder the high cost of developing self-driving technology.
- The budding relationship soured as Ford and VW grew wary that Amazon would divert Argo's talent and attention.
- The companies also struggled to develop a governance structure to share control of Argo.
- Additionally, the high cost of Argo's technology was a reason for Amazon's back-off.
- At Amazon, the mergers and acquisitions executive championing the deal and working directly with Argo left. Around the same time, Dave Clark, CEO of Amazon's consumer business, also exited.
- VW CEO Herbert Diess, architect of the automaker's investment in Argo and a driver of the Amazon deal, was ousted by the board amid concerns about the company's direction and a debacle with glitchy software in its cars.
- Without Amazon, Argo failed to attract other investors and bolster its credibility for public listing.
- Ford and VW last month shut down Argo, which at one time was worth over $7 billion.
- With the Amazon deal dead, Argo had to lay off the 150 employees it hired to work on the new business.
- VW looked at covering Ford's investment in Argo and taking it over completely. Instead, VW invested $2.3 billion to set up an autonomous driving joint venture with China's Horizon Robotics Inc.
- Amazon.com Inc (NASDAQ: AMZN) ditched its plan to invest in Argo AI, Bloomberg reports. Argo is a start-up backed by Ford Motor Co (NYSE: F) and Volkswagen AG (OTC: VWAGY).
- Amazon initially planned to use Argo's self-driving technology to automate some of the electric delivery vans it's buying from Rivian Automotive, Inc (NASDAQ:RIVN), setting up a test fleet in multiple U.S. cities.
- Also Read: Amazon Weighs Paring Back On Unprofitable Businesses Like Alexa; Introduces New Warehouse Robot To Cut Down On Lag
- Ford and VW were eager to attract a third partner to Argo to help shoulder the high cost of developing self-driving technology.
- The budding relationship soured as Ford and VW grew wary that Amazon would divert Argo's talent and attention.
- The companies also struggled to develop a governance structure to share control of Argo.
- Additionally, the high cost of Argo's technology was a reason for Amazon's back-off.
- At Amazon, the mergers and acquisitions executive championing the deal and working directly with Argo left. Around the same time, Dave Clark, CEO of Amazon's consumer business, also exited.
- VW CEO Herbert Diess, architect of the automaker's investment in Argo and a driver of the Amazon deal, was ousted by the board amid concerns about the company's direction and a debacle with glitchy software in its cars.
- Without Amazon, Argo failed to attract other investors and bolster its credibility for public listing.
- Ford and VW last month shut down Argo, which at one time was worth over $7 billion.
- With the Amazon deal dead, Argo had to lay off the 150 employees it hired to work on the new business.
- VW looked at covering Ford's investment in Argo and taking it over completely. Instead, VW invested $2.3 billion to set up an autonomous driving joint venture with China's Horizon Robotics Inc.
- 亚马逊公司 納斯達克股票代碼：AMZN）拋棄了其投資計劃 阿爾戈人工智能，彭博報導。Argo 是一家支持的初創公司 福特汽車 （紐約證券交易所：F）和 大众汽车 （場外交易：瓦格）。
- 亞馬遜最初計劃使用 Argo 的自動駕駛技術來自動化其購買的一些電動送貨車 利維安汽車股份有限公司 (NASDAQ: RIVN), 在美國多個城市建立 test 機隊。
- 另請閱讀： 亞馬遜重新配合 Alexa 等無利可圖的企業；引入了新的倉庫機器人以減少滯後
- 福特和 VW 渴望吸引第三個合作夥伴加入 Argo，以幫助肩負開發自動駕駛技術的高成本。
- 隨著福特和大眾越來越警惕，亞馬遜將轉移 Argo 的才華和注意力，這種新興的關係緊張起來。
- 這些公司還在努力開發治理結構以共享 Argo 的控制權。
- 此外，Argo 技術的高成本是亞馬遜退出的原因。
- 在亞馬遜，兼併和收購執行主管負責該交易並直接與 Argo 合作離開了。大約在同一時間，亞馬遜消費者業務首席執行官戴夫·克拉克也退出了。
- 大眾汽車首席執行官 Herbert Diess 是汽車製造商投資 Argo 的建築師和亞馬遜交易的驅動因子，董事會因擔心公司的發展方向以及汽車中出現故障軟件的崩潰而遭到推翻。
- 如果沒有亞馬遜，Argo 未能吸引其他投資者並增強其公開上市的可信度。
- 福特和大眾上個月關閉了 Argo，這在同一時間價值超過 $70 十億。
- 隨著亞馬遜交易死亡，阿爾戈不得不裁掉它聘請來開展新業務的 150 名員工。
- 大眾看著覆蓋福特對 Argo 的投資，並完全接管它。相反，大眾汽車投資 23 億美元與中國成立自動駕駛合資企業 地平線機器人。
譯文內容由第三人軟體翻譯。
以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
風險及免責聲明
以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
我知道了
風險及免責聲明
以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
我知道了
搶先評論
0 0 0
讚好勁正笑哭社會社會Emm惨惨嬲嬲
輕觸選擇心情
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能，分享給你的好友吧
點擊這裡與好友分享
暫無評論，快來留言吧！