Category: cruise automation

GM’s self-driving unit is close to receiving a $2.25 billion boost

Post author By Randall
Post date July 6, 2019
Categories In autonomous, business, cruise, cruise automation, gear, gm, investment, self-driving, self-driving car, softbank, Tech, Transportation

[ad_1] It took more than a year, but GM’s self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CFIUS) had approved SoftBank’s $2.25 billion investment in the driverless tech company. SoftBank will have a spot on Cruise’s board as a […]