Daily Crunch: Microsoft backs Cruise

Found 48 days ago at TechCrunch

Cruise announced today that it has raised $2 billion in new funding at a $30 billion valuation, with Microsoft joining as a new investor. Previous backers GM and Honda also participated. This includes a long term strategic partnership between the two companies, with Cruise using Microsofts Azure cloud platform for its yet to launch autonomous vehicle ride hailing service. Microsoft is also...

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