2.6 billion investment from VW with $1 billion of it in cash. That’s a decent amount of 💵 💵 💵. I thought Aurora was the leader up until now (outside of Waymo). But it looks like with VW pulling out of Aurora and going with Argo AI things are going to change. People working at Argo AI, how is the company? Is it a good time to consider opportunities there? Any inputs on the engineering culture, wlb etc would be much appreciated.
Argo is now 7-8 billion dollar evaluation ... Aurora is just 2.7b. It means Argo has much more to show off.
I think where Aurora wins for now atleast is their talent. They’ve got top notch engineers from Waymo, Tesla, SpaceX and CMU. That counts for a lot. But to win in autonomy you need great partnerships and money too 🤷♂️
Thoughts of when Argo going for that IPO?? 🤔
I doubt that’ll happen anytime in the next 3-4 years. How can you ipo when you have no revenue and product ready for release. That’s why they are raising so much cash.
👍🏻
My experience has been very positive.
https://www.automobilemag.com/news/vw-ford-alliance-argo-ai-autonomous-technology/ Seems like they got 0.5b in cash and 200 more people from VW Aid.. sounds not so great a deal ? Comparing to reports of 2.6b How's the sentiment or inputs from Argo or experienced guys ?
We got 1B cash
Any sources to confirm ? Just if possible. I said 0.5b quoting from above.
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What I gathered VW wanted ownership of IP ... that was main part of the disagreement. If they got deal with VW, they could not do it with FCA apparently. From Aurora point of view it makes thing difficult for them in regards to other car maker deal. Anyone from Aurora confirm or deny?