GM Cruise autonomous vehicle unit valued at $19 billion with latest $1.15 billion funding round

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GM Cruise autonomous vehicle unit valued at $19 billion with latest $1.15 billion funding round

The $19 billion valuation comprises over one-third of GM’s market value of roughly $54 billion. GM stock is up 25 percent this year, and company shares were up over 1% in morning trading Tuesday.

Source: Business News –

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