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Pittsburgh Tech Start-Up Gets $2.6B

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PITTSBURGH'S REPUTATION IS THE CENTER OF SELF DRIVING VEBOOST RECENTLY THEY HAD A DEAL WITH VOLKSWAGEN TO JOIN FORD

WE SAT DOWN WITH THE CEO OF ARGO IT IS NOT OFTEN THAT A PITTSBURGH STARTUP GETS 26 26 MILLION THAT IS WHAT HAPPENED TO ARGO

IMPLICATIONS FOR THE CITY HIGH- TECH REPUTATION FOR PITTSBURGH IT MEANS WE WILL CONTINUE TO OPERATE HERE WE WILL ADD JOBS AND HIGHER GRADE ENGINEERS REALLY PEOPLE FROM ALL DIFFERENT DISCIPLINES WE WILL CONTINUE TO BUILD SELF DRIVING CARS THREE THAT IS THE DREAM OF THE COFOUNDER

TO DESIGN THE SELF DRIVING SYSTEM THAT BECOMES THE BEST TECHNOLOGY FOR ALL SELF DRIVING MANUFACTURERS IN THE WORLD THE 26 BILLION FROM VOLKSWAGEN FOLLOWS AN EARLIER INVESTMENT OF 1 BILLION FROM FORD FORD WAS AN EARLIER INVESTOR AND GRAY PARTNER TO US VOLKSWAGEN BECOMES OUR SECOND, SECOND INVESTOR, THE TWO COMBINED MEANS WE HAVE TWO OF THE LARGEST GLOBAL AUTOMAKERS ALIGNED AROUND THE ARGO SELF DRIVING PLATFORM

BASED IN THE STRIP DISTRICT, THE 2-YEAR-OLD ARGO EMPLOYEES 250 PEOPLE WE ARE BUILDING COULD SUE — COMPUTERS, SENSORS, SOFTWARE THAT ARE ABLE TO DRIVE A CAR WITHOUT HUMAN INTERVENTION AS IT RAMPS UP WATCH FOR NEW JOBS TO BE PASTED I COULD SEE US GETTING TO 500 IN THE NEXT FEW YEARS FOR MANY ARE SELF SKEPTICAL ABOUT DRIVING — SELF DRIVING VEHICLES

HOW DO YOU SEE THIS ESSAY DRIVING? WE ARE SQUARELY IN THE DEVELOPMENT STAGE ANY ARGO VEHICLE OUT THERE HAS 2 DRIVERS IN THE VEHICLE AT ALL TIMES IN FACT IT IS LIKELY TO BE SEVERAL YEARS BEFORE FULLY AUTONOMOUS VEHICLES ARE ON THE RATES WHAT EXCITES YOU THE BASE QUESTION MARK IT GIVES US GREAT CAPITAL OBVIOUSLY TO CONTINUE BUILDING OUR PLATFORM EVEN BEYOND THAT, IT TURNS US

Source: Youtube

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