Self-driving carmaker Cruise and General Motors will partner with Microsoft Corp to commercialize driverless vehicles, according to Yahoo!finance. Microsoft will join GM, Honda Motor Co, and institutional investors in a combined new equity investment of more than $2 billion in Cruise.
- 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 such as artificial intelligence.
- GM will also work with Microsoft to explore opportunities to streamline operations across digital supply chains and bring new mobility services to customers faster.
General Motors and Microsoft stocks are currently gaining. GM: NYSE is up 9.50%, MSFT: NASDAQ is up 1.32%
