Cruise control set to 8 Miles
Kon'nichiwa Motor City. Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up nearly 13 percent.
The move by SoftBank’s $100-billion Vision Fund is one of the highest profile, largest investments to date in self-driving technology, an industry that could revolutionize transportation but faces engineering, safety and regulatory challenges, as well as skepticism among potential users. The leader of the pack, vroom vroom.
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