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June 1, 2018 04:02 pm GMT

SoftBank Backing GMs Self-Driving Unit With $2.25B

GM Cruise, the self-driving unit of General Motors, is set to receive $2.25 billion in funding from SoftBank through the Japanese holding company’s Vision Fund. The goal of the investment is to help the American vehicle manufacturer accelerate the development of its ride-hailing service in select areas, a move that has been widely approved by […]

The post SoftBank Backing GM’s Self-Driving Unit With $2.25B appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/06/softbank-backing-gms-self-driving-unit-with-2-25b.html

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