GM Cruise gets $2.25bn from SoftBank for 2019 autonomous launch

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https://c.slashgear.com/wp-content/uploads/2018/05/GMBarraAutonomous01-575x383.jpgGM 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 (https://www.slashgear.com/gm-cruise-gets-2-25bn-from-softbank-for-2019-autonomous-launch-31532516/)http://feeds.feedburner.com/~r/slashgear/~4/GJPqM93auI4

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