Honda plans to dissolve a self-driving vehicle partnership with GM after GM announced plans to exit robotaxi development; Honda had invested $852M in Cruise
Shoya Okinaga / Nikkei Asia :
GM buys SoftBank Vision Fund 1's stake in Cruise for $2.1B, increasing GM's ownership to 80%, and says the company will invest another $1.35B in Cruise
David Welch / Bloomberg :
GM buys SoftBank Vision Fund 1's stake in Cruise for $2.1B, increasing GM's ownership to 80%, and says the company will invest another $1.35B in Cruise
General Motors Co. bought out the SoftBank Vision Fund 1's stake in self-driving startup Cruise LLC for $2.1 billion …
Walmart says it is investing in GM's self-driving unit Cruise, bringing its latest round to $2.75B, up from $2B in January when Microsoft invested
Matthew Boyle / Bloomberg :
Walmart says it is investing in GM's self-driving unit Cruise, bringing its latest round to $2.75B, up from $2B in January when Microsoft invested
- Deal brings Cruise's latest funding round to $2.75 billion — Walmart joins fellow Cruise investors Microsoft and Honda
Cruise acquires Voyage in another autonomous vehicle startup merger; Voyage focuses on fleets of low-speed vehicles making trips to retirement communities
Source: CFIUS has cleared SoftBank's $2.25B investment in GM's Cruise after fresh assurances that Cruise's technology would be completely off limits to SoftBank
(Reuters) - Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday …
Self-driving car startup Aurora has acquired lidar company Blackmore, which has raised $21.5M; sources: GM's Cruise was looking at acquiring Blackmore last year
Kirsten Korosec / TechCrunch :
GM buys self-driving car kit startup Cruise, plans to use tech to make driverless cars
General Motors (GM)announced today it plans to snap up Cruise Automation, a San Francisco-based startup making sensors that turn regular vehicles into ones that can drive themselves, for an undisclose...