by Thom Forbes on Jun 1, 7:42 AM
With a $2.25 billion investment infusion into GM Cruise Holdings from the SoftBank Vision Fund fueling its aspirations, General Motors announced yesterday that it will be bringing autonomous vehicles to U.S. sometime next year. When the deal closes, SoftBank will own a 19.6% equity stake in GM Cruise and GM will itself invest $1.1 billion in the subsidiary.
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