Microsoft invests in Cruise
Cruise and GM team up with Microsoft to commercialize self-driving cars
The cruise will leverage Azure, Microsoft’s cloud and edge computing platform, to unleash cloud computing power for self-driving vehicles. This is expected to allow Cruise’s autonomous vehicle development to be commercialized on a large scale. In turn, Microsoft will leverage Cruise’s expertise to improve its products for shipping companies.
Microsoft will join General Motors, Honda, and institutional investors in more than $ 2 billion in Cruise’s new joint equity investments. As a result, the cost of Cruise will reach $ 30 billion.
Also, GM will work with Microsoft on digitalization and adoption of cloud computing, artificial intelligence, and machine learning technologies.