GM Cruise autonomous vehicle unit gets $1.15B investment

A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. Cruise announced the investment from a group led by T. Rowe Price on Tuesday and said it included money from GM, Honda and Japanese tech investment firm SoftBank.

https://phys.org/news/2019-05-gm-cruise-autonomous-vehicle-115b.html