Ford drops a cool $1 billion on AI firm

Ford has upped the stakes in the race towards autonomous vehicles with a $1 billion investment in AI and robotics firm Argo AI.
The investment will take place over the next five years, and will give the car giant a majority holding in the business. Argo AI will assist in developing a virtual driver system as Ford moves towards its ambitions of fully autonomous vehicles by 2021, an innovation which the team also hopes to monetize through software licensing agreements also.
The cash injection repr