Self-driving Ford-backed startup Argo AI has said it will be giving back a $15m investment to its automotive backer.
Argo will be providing $15m to Carnegie Mellon University to fund the creation of a new research centre.
The Carnegie Mellon University Argo AI Centre for Autonomous Vehicle Research has said it will use those funds to pursue advanced research projects to help overcome hurdles to enabling self-driving vehicles to operate in a wide variety of real-world conditions, such as winter weather or construction zones.
According to The Verge Argo AI has said it aims to unlock the potential of the technology by developing the most advanced capabilities that will enable large scale, global deployment.
The Verge reports that Argo is set to support research into advanced perception and next-generation decision-making algorithms for autonomous vehicles.
