GM Cruise, the tech division of automaker GM that recently showed off a self-driving Chevrolet Bolt EV devoid of a steering wheel, is ready to shift into overdrive. That's because SoftBank Vision Fund said Thursday that it will invest $2.25 billion into GM Cruise in exchange for a 19.6 percent stake in the autonomous car tech company. Initially... World's largest tech fund pumps $2.25B into GM self-driving car unit
May 31, 2018 at 20:47 PM EDT
GM Cruise, the tech division of automaker GM that recently showed off a self-driving Chevrolet Bolt EV devoid of a steering wheel, is ready to shift into overdrive. That's because SoftBank Vision Fund said Thursday that it will invest $2.25 billion into GM Cruise in exchange for a 19.6 percent stake in the autonomous car tech company. Initially...
GM Cruise, the tech division of automaker GM that recently showed off a self-driving Chevrolet Bolt EV devoid of a steering wheel, is ready to shift into overdrive. That's because SoftBank Vision Fund said Thursday that it will invest $2.25 billion into GM Cruise in exchange for a 19.6 percent stake in the autonomous car tech company. Initially... 