Page 46 - Dan Ammann News Today

GM jumps as Microsoft joins US$2B self-driving venture David Welch, Bloomberg News Security Not Found General Motors Co. and Microsoft Corp. are leading a US$2 billion investment round in self-driving car startup Cruise LLC in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture. Shares of GM surged on the news. The additional funds will raise Cruise’s post-investment valuation to an estimated US$30 billion, up from US$19 billion when T. Row...

General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise LLC in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture. Shares of GM surged on the news.

Microsoft Joins GM And Honda to Invest More Than $2 Billion in AV Group Cruise Cruise Car In San Francisco Streets Special To The Auto Channel By Adrian Smith Auto Futures Microsoft will join General Motors, Honda and institutional investors in a combined new equity investment of more than $2 billion in AV group Cruise. This brings the valuation of Cruise to $30 billion. Cruise and General Motors have also announced a new long-term strategic relationship with Microsoft to accelerate the commer...

Microsoft has invested into GM-owned autonomous vehicle company Cruise and will work with the automaker to commercialize its self-driving vehicle technology.

Share: One of the world’s largest technology companies is teaming up with one of the world’s largest automotive manufacturers. What Happened: Microsoft Corporation (NASDAQ: MSFT) are partnering on self-driving vehicles. The companies will partner to bring together software and hardware engineering excellence, cloud computing capabilities and manufacturing capabilities. The two companies said they will form a long-term strategic relationship to accelerate the commercialization of self-driv...

Cruise's autonomous vehicles will rely on Microsoft's Azure Cloud

GM teams up wtih Microsoft on Cruise self-driving vehicle

General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise LLC in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture. Shares of GM surged on the news.

Cruise and General Motors on Tuesday announced they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of...

Cruise and parent General Motors said they had entered a long-term strategic relationship with Microsoft to accelerate the commercialisation of self-driving vehicles. related to CASE, M&A and JV deals, Megatrends, Vehicle manufacturers, General Motors, Microsoft Corp.,