Last Week in AI #191: Argo self-driving shuts down, TSMC suspends work with Chinese chip startup, Shutterstock to sell AI-generated images, and more!

Ford, VW-backed Argo AI shuts down, TSMC suspending operations with Chinese chip company amid US curbs, Shutterstack partners with OpenAI to sell AI generated images

Oct 31, 2022

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Ford, VW-backed Argo AI is shutting down

ford test vehicle with argo ai tech on street

Despite billion-dollar investments, Argo AI is shutting down, with parts absorbed by its main backers Ford and VW. Some employees may receive offers from these two companies, and severance pay for those not offered jobs are generous. This comes after Ford’s 3rd-quarter earnings report, which said the compa…

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