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.

How does the self-driving technology industry appear to be evolving according to the discussion?

What progress has Argo AI made in terms of testing in U.S. cities?