General Motors and its self-driving car subsidiary Cruise will partner with Microsoft to accelerate the commercialization of self-driving vehicles, the companies said Tuesday.
Additionally, GM will use Microsoft as its preferred public cloud provider, working with it to improve the automaker's advances in digital technology and robotics.
Microsoft joins GM, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise. That brings Cruise's post-money valuation, its estimated worth, to $30 billion.
Have more mobility news that we should be reading and sharing? Let us know! Reach out to Sage Kashner (kashner@ctaa.org).
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