T Rowe Price, SoftBank Vision Fund back GM Cruise's $1.15b round

T Rowe Price, SoftBank Vision Fund back GM Cruise's $1.15b round

A General Motors Co. Cruise autonomous test vehicle is parked at a new charging station in San Francisco, California, U.S., on Monday, July 2, 2018. Photographer: David Paul Morris/Bloomberg

General Motors Co.’s self-driving unit drew $1.15 billion in fresh investment, with T. Rowe Price Associates Inc. joining existing backers including Honda Motor Co. and SoftBank Vision Fund.

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