General Motors Purchases SoftBank Vision Fund’s Stake in Self Driving Company Cruise for $2.1B
March 21, 2022
SoftBank Vision Fund has sold its stake in Cruise to General Motors four years after initially investing in the self-driving vehicle developer.
Cruise to Get $1.35B More From SoftBank to Commercialize Autonomous Vehicles
February 2, 2022
Cruise, which marked a milestone in autonomous vehicle operations after a delay, will receive the second tranche of investment from the SoftBank Vision Fund.
Top 10 Robotics Transactions of April 2021
May 3, 2021
Even not including the largest deals in AI and autonomous vehicles from April 2021, the month still featured multimillion-dollar transactions in exoskeletons, delivery robots, and surgical systems.
Walmart Joins $750M Investment in Autonomous Vehicle Firm Cruise
April 15, 2021
Cruise, which has been developing autonomous vehicles with General Motors, has raised its valuation to $30 billion.
Top 10 Robotics and Automation Transactions in Q1 2021
April 5, 2021
From autonomous trucks and aerial drones to mobile robots, companies across robotics and automation obtained funding in the first quarter.