Friday, 24 March, 2023

Cruise, GM join hands with Microsoft to ramp up driverless vehicles

<p>Self-driving car maker Cruise and majority shareholder General Motors will join hands with Microsoft to speed-up the commercialisation of driverless automobiles. Microsoft will join GM, Honda Motor and other institutional investors in a combined new equity investment of more than $2 bn in Cruise, bringing the post-money valuation of the startup to $30 bn. The cruise will use Microsoft&rsquo;s cloud computing platform Azure for its self-driving vehicles.</p> <p>&nbsp;</p>