It's odd to me to describe that as "over $1 billion".
Either it's 2B, or the other part of that math isn't correct.
"To date, Apple has invested over $1 billion in American companies from its Advanced Manufacturing Fund — deploying the entire $1 billion initial investment and 20 percent of the $5 billion it subsequently committed to spend."
But that's really not a plain English reading of their statement:
"To date, Apple has invested over $1 billion in American companies from its Advanced Manufacturing Fund — deploying the entire $1 billion initial investment and 20 percent of the $5 billion it subsequently committed to spend."
"Apple has deployed the entire $1B and 20% of $5B."
Is there a part of the sentence I'm missing which implies your reading is correct?
Rephrasing: I suspect you're right about reality, and the sentence I quoted was written by someone who didn't understand the reality, or was trying to misrepresent reality.
It's odd to me to describe that as "over $1 billion".
Either it's 2B, or the other part of that math isn't correct.
"To date, Apple has invested over $1 billion in American companies from its Advanced Manufacturing Fund — deploying the entire $1 billion initial investment and 20 percent of the $5 billion it subsequently committed to spend."