Softbank drives forward Vision Fund with $2.25bn GM autonomous vehicle investment

General Motors has become the latest business to catch the attention of Masayoshi Son’s SoftBank Vision Fund, as its autonomous vehicles subsidiary, Cruise, receives a $2.25 billion boost.
The cash will be invested into Cruise in two tranches. At the closing of the transaction, the Vision Fund will invest $900 million, alongside $1.1 billion from parent-company GM, while the remaining $1.35 billion will be invested at the point Cruise’s technology is ready for commercial deployment,