G.M. Forms $100 Million Technology Venture Firm

General Motors committed $100 million form its own venture capital firm, as it is searching for new technologies, which could represent an advantage over its rivals in the field.
The subsidiary, as General Motors announced the ventures plans in start-up companies to invest in various aspects, including renewable fuels, information as well as entertainment systems and advanced materials. G.M. has already identified some possible goals and plans to give its first investment soon.