Softbank Group to invest $2.25 billion and take a 19.6 percent stake in General Motors Co’s Cruise.

Softbank Group, has announced investment in the Cruise, General Motors Co’s self-driving vehicle unit. Softbank Group Corp will invest $2.25 billion and take a 19.6 percent stake in Cruise. Softbank will initially invest $900 million, followed by $1.35 billion when Cruise self-driving cars "are ready for commercial development".