VW invests $2.6 billion in Argo AI as part of self-driving…

VW invests $2.6 billion in Argo AI as part of self-driving vehicle alliance with Ford | VentureBeat

VW is investing $1 billion in cash and contributing its European self-driving unit, valued at $1.6 billion, and gives it a valuation of just over $7 billion

VW is buying the Argo shares for another $500 million from Ford so that VW and Ford then will each have a minority stake

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