GM is Making an Additional $3.4 Billion Investment in Autonomous Driving Technology Developer Cruise, Will Acquires Softbank’s Stake in the Company

​General Motors announced on Friday its acquiring SoftBank Vision Fund’s equity ownership stake in San Francisco-based autonomous driving technology developer Cruise for $2.1 billion. As part of the massive investment, GM is separately making an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the Softbank’s Vision Fund fund in 2018.