May 31
GM Cruse is getting a $2.25bn injection from SoftBank, as General Motors’ autonomous driving company prepares for its commercial launch in 2019. The investment – which comes alongside $1.1bn more from GM itself – sees GM Cruise valued at $11.5bn overall, with the SoftBank Vision Fund taking an almost 20-percent stake in the firm. General Motors acquired Cruise Automation back … Continue reading
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