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Microsoft joins GM and Honda in $2bn Cruise autonomous investment

cruise-origin-1-1-1280x800.jpg Microsoft is joining a new, $2 billion investment round in Cruise, partnering with the autonomous vehicle company and General Motors to work on commercializing driverless technology. The deal will see Cruise valued at $30 billion, with Microsoft joining not only GM but Honda and other investors in adding new equity to the self-driving firm. Even in an industry known for …
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For autonomous vehicles, of course, hardware is only part of the challenge, and arguably the easier part at that. With Microsoft onboard, Cruise will use Azure for its cloud and edge computing.
The partnership with Microsoft gives Cruise, which is majority owned by GM, a major software player in its corner and one with deep pockets. That will help the company compete in the race to commercialize autonomous driving with Waymo, which has access to the software capabilities of parent
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Microsoft gets a potentially lucrative new cloud-computing customer as self-driving cars move closer to mass-market deployment.

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