Softbank Vision Fund invests $2.25B in GM Cruise

The Softbank Vision Fund is investing $2.25 billion in GM Cruise Holdings LLC, which is primarily made up of Cruise Automation, the driverless car developer GM acquired in 2016 for nearly $1 billion. When the deal closes, Softbank Vision Fund, an affiliate of Japan’s SoftBank Group Corp., will own a 19.6 percent stake in GM…

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