GM's self-driving car unit to get SoftBank push with $2.25-bn investment - khaskhabar

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Friday, 1 June 2018

GM's self-driving car unit to get SoftBank push with $2.25-bn investment

(Reuters) - Japan's SoftBank Group Corp <9984.T> 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 nearly 13 percent.

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