SoftBank to invest $2.25 billion in GM's self-driving unit
SoftBank Vision Fund will invest $2.25 billion in Cruise, the self-driving unit of General Motors, the automaker has announced. When the transaction closes, the Vision Fund will invest $900 million, and when Cruise is ready for commercial deployment, the fund will provide the remaining $1.35 billion. GM will also invest $1.1 billion in Cruise, the company added.