Ford Motor Company has recently announced the launch of an automated driving technology subsidiary by the name of Ford Autonomous Vehicles LLC (FAVL). This move comes in the wake of Ford’s recent acquisition of Argo AI and the company’s impressive success with automated driving technology. But what does this new venture mean for the automotive… Continue reading Ford forms automated driving subsidiary from Argo AI’s remains
Category: argo
Bitcoin miner Argo to avoid bankruptcy with $100M deal from Galaxy Digital
Argo Blockchain, a U.K.-based bitcoin mining company, has signed a $100 million deal with Galaxy Digital, a digital asset merchant bank, that could avert the mining firm’s potential bankruptcy. The deal was announced this week and will see Argo receive $18.1 million in cash and over $81.5 million in Galaxy Digital shares. The shares will… Continue reading Bitcoin miner Argo to avoid bankruptcy with $100M deal from Galaxy Digital