SoftBank joins GM in self-driving car race; GM shares soar

May 31, 2018 by  
Filed under News

(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.

Source: Reuters Business News

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