Why Microsoftâs self-driving car strategy is quietly brilliant
Self-driving car startup Cruise has received more than $2 billion in a new round of investment from Microsoft, General Motors, Honda, and institutional investors, according to a joint statement by Cruise, its owner GM, and Microsoft on Tuesday. The investment will bring the valuation of Cruise to $30 billion and make Microsoft an official partner.
Per Tuesdayâs announcement: âTo unlock the potential of cloud computing for self-driving vehicles, Cruise will leverage Azure, Microsoftâs cloud and edge computing platform, to commercialize its unique autonomous vehicle solutions at scale. Microsoft, as Cruiseâs preferred cloud provider, will also tap into Cruiseâs deep industry expertise  to enhance its customer-driven product innovation and serve transportation companies across the globe through continued investment in Azure.â