Financial Transaction:
Acquisition
Argo AI
Currency
United States Dollar
Value in original currency
1,000,000,000
Value in USD
1,000,000,000
Note
Purchase of a majority stake. USD 1 bn commitment over the course of 5 years.
Round participants
Investor | Country | Notes | |
---|---|---|---|
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Ford Motor Co |
United States | Initial investment. Exited. Write-off |