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VOLKSWAGEN AND FORD LIQUIDATE THE ARGO AI DRONE PROJECT

The startup, whose investors were well-known auto giants, decided to close. Argo AI has been developing drones for several years. However, now some of the organization's employees will go to work in the parent companies, while investors ... ... to part with others. The news about the closure of the project affected the economic indicators of investors. For example, Ford's refusal to support Argo AI led to the depreciation of investments and losses of the auto giant for the third quarter. According ...

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