Self-driving car maker Cruise and dominant part investor General Motors said Tuesday they would join forces with Microsoft to market driverless autonomous vehicles.
Microsoft will join General Motors, Honda Motor and institutional investors in a consolidated new value venture of more than $2 billion in Cruise, bringing the post-cash valuation of Cruise to $30 billion.
Journey will utilize Azure, Microsoft’s distributed computing stage, for its self-driving vehicles.
“As Cruise and GM’s favored cloud, we will apply the force of Azure to help them scale and make autonomous transportation standard,” Microsoft’s Chief Executive Officer Satya Nadella said in an assertion.
GM will work with Microsoft to quicken the automaker’s digitization activities, including computerized reasoning, and investigate occasions to smooth out tasks across advanced stock chains and bring new versatility administrations to clients quicker.
Portions of GM hopped almost 10% to $54.91 in noontime exchanging.