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Automotive

GM’s Cruise gets $2.25b from Softbank’s Vision Fund, $1.1b from GM – TechCrunch

[ad_1] General Motors today announced a large investment into its self-driving unit, Cruise. Softbank’s Vision Fund will invest $2.25 billion in GM Cruise Holdings LLC and when the deal closes, GM will invest an additional $1.1 billion. “Our Cruise and GM teams together have made tremendous progress...

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