Ford, VW Said to Discuss $4 Billion Valuation for Argo AI

The transcript discusses the ongoing talks between Ford and Volkswagen regarding a potential investment in Argo AI, a company focused on self-driving technology. It highlights the challenges faced in reaching an agreement, including control over the software stack and valuation concerns. The discussion also covers the broader industry trend of collaboration to manage the high costs of developing self-driving technology. Additionally, the transcript provides updates on regulatory and testing progress, noting Argo AI's advancements and the competitive landscape with companies like Waymo and GM's Cruise.

What was a major concern for Volkswagen in their talks with Ford about investing in Argo AI?

• The number of employees at Argo AI

• Control over the software stack for self-driving cars

• The location of Argo AI's headquarters

• The color of the self-driving cars

Why is collaboration among companies in the self-driving car industry considered beneficial?

• It allows for pooling of resources and spreading of risks

• It ensures uniform car designs

• It reduces the number of competitors

• It speeds up the manufacturing process

Which company has Volkswagen partnered with besides Ford in the self-driving car space?

• BMW

• Nissan

• Aurora

• Tesla

What progress has Argo AI made in the self-driving car industry?

• They have developed flying cars

• They have partnered with Tesla

• They have made significant testing advancements in several U.S. cities

• They have eliminated the need for human intervention

Which companies are leading in performance metrics according to California's disengagement reports?

• Ford and Volkswagen

• Tesla and Nissan

• Waymo and GM's Cruise

• Aurora and Argo AI