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GM Gets New Autonomous Investors

GM just got funded.

General Motors’ autonomous vehicle business said a handful of investors, including Honda and SoftBank, poured in $1.15 billion as the company continues to forge ahead toward a commercial rollout of its technologies. California-based autonomous vehicle unit GM Cruise said the contributions came from Honda Motor Co., the SoftBank Vision Fund and funds advised by T. Rowe Price Group Inc., in addition to GM. The funding values Cruise at $19 billion, the company said.

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