Business

Cruise, GM partner with Microsoft to commercialize self-driving vehicles

Cruise will use Azure, Microsoft's cloud computing platform, for its self-driving vehicles

Photo: REUTERS/Elijah Nouvelage
  • Cruise will use Azure, Microsoft’s cloud computing platform, for its self-driving vehicles;
  • GM will work with Microsoft to accelerate the automaker’s digitization initiatives.

Self-driving car maker Cruise and majority shareholder General Motors said on Tuesday they would partner with Microsoft to commercialize driverless autonomous vehicles.

Microsoft will join General Motors, Honda Motor and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of Cruise to $30 billion.

READ ALSO: Mercado Livre will finance purchase of electric cars for its deliverers in Brazil

Cruise will use Azure, Microsoft’s cloud computing platform, for its self-driving vehicles.

“As Cruise and GM’s preferred cloud, we will apply the power of Azure to help them scale and make autonomous transportation mainstream,” Microsoft’s Chief Executive Officer Satya Nadella said in a statement.

READ ALSO: Apple, Hyundai to agree on electric car tie-up early this year: Korea IT News

GM will work with Microsoft to accelerate the automaker’s digitization initiatives, including artificial intelligence, and explore opportunities to streamline operations across digital supply chains and bring new mobility services to customers faster.

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