Microsoft bets on GM’s self-driving car subsidiary

(New York) US computer giant Microsoft has entered into a strategic partnership with General Motors (GM) self-driving car subsidiary Cruise, now valued at more than $ 30 billion.

Microsoft will on the one hand bring, alongside Honda, GM and other investors, more than $ 2 billion to Cruise, details a statement released Tuesday.

The group specializing in new technologies will also forge a “long-term strategic partnership” with GM intended to “accelerate the marketing of autonomous vehicles” through collaborations in engineering or cloud computing (cloud) for example.

Cruise, based in San Francisco, plans to use Microsoft’s computing platform, Azure, in its vehicles.

“Our mission to provide safer, better and more affordable transportation for all is not just a technology race – it’s also a race for trust,” said Dan Ammann, CEO of Cruise, in the communicated.

“Microsoft, as a benchmark in the democratization of technology, will help us increase our capacity to market our fleet of autonomous, fully electric and shared vehicles,” he added.

At $ 30 billion, Cruise is worth just under half of GM on the stock market (around $ 76 billion now). The title of the automaker jumped more than 7% in the first trading of the session on Wall Street Tuesday.

Under the leadership of its boss Mary Barra, GM has stepped on the accelerator in recent months for the development of electric and autonomous vehicles, considered the future of the automobile.

GM plans to invest $ 27 billion in this niche by 2025.

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