Amazon Mulled Rescue of Argo Before Self-Driving Startup Folded

Amazon.com Inc. emerged as a possible savior for Argo AI, the now-defunct startup backed by two of the world’s largest automakers, earlier than the deal fell aside due to a sputtering financial system, considerations about management and flagging religion in totally autonomous driving.

The web retailer was ready to take a position a number of hundred million {dollars} into Argofinal spring, in response to individuals acquainted with the matter who disclosed Amazon’s involvement for the primary time. Amazon deliberate to make use of Argo’s self-driving know-how to automate a number of the electrical supply vans it’s shopping for from Rivian Automotive Inc., establishing a take a look at fleet in a number of …