SoftBank Vision Fund to Invest $2.25 Billion in GM Cruise

General Motors (NYSE: GM) announced today that the SoftBank Vision Fund will invest $2.25 billion in GM Cruise Holdings LLC (GM Cruise), further strengthening the company’s plans to commercialize AV technology at large scale. GM will also invest $1.1 billion in GM Cruise upon closing of the transaction.

from GM Media News https://ift.tt/2xtBVvv