Softbank and GM are investing $3B in self driving cars
As an effort to develop self-driving cars, Japan’s tech investment company Softbank will invest $2.25 billion in General Motors’ autonomous vehicle efforts. GM has announced that it is investing $1.1 billion in the joint effort. CEO Mary Barra said the investment will help GM to launch autonomous vehicles next year. The self-driving car division of GM getting the investment is a separate company known as GM Cruise.