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Cruise, GM partner with Microsoft to ramp up self-driving vehicles
By , (Reuters) - Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with Microsoft Corp to accelerate the commercialization of driverless vehicles.Microsoft will join GM, Honda Motor Co and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of the San Francisco-based startup to $30 billion.GM shares continued their recent climb, trading at $54.09, up 8.2% just after U.S. markets opened.The new investment pushes Cruise to the forefront of companies developing...…By , (Reuters) - Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with Microsoft Corp to accelerate the commercialization of driverless vehicles.Microsoft will join GM, Honda Motor Co and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of the San Francisco-based startup to $30 billion.GM shares continued their recent climb, trading at $54.09, up 8.2% just after U.S. markets opened.The new investment pushes Cruise to the forefront of companies developing...WW…
Cruise, GM partner with Microsoft to ramp up self-driving vehicles
By , (Reuters) - Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with Microsoft Corp to accelerate the commercialization of driverless vehicles.Microsoft will join GM, Honda Motor Co and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of the San Francisco-based startup to $30 billion.GM shares continued their recent climb, trading at $54.09, up 8.2% just after U.S. markets opened.The new investment pushes Cruise to the forefront of companies developing...…By , (Reuters) - Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with Microsoft Corp to accelerate the commercialization of driverless vehicles.Microsoft will join GM, Honda Motor Co and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of the San Francisco-based startup to $30 billion.GM shares continued their recent climb, trading at $54.09, up 8.2% just after U.S. markets opened.The new investment pushes Cruise to the forefront of companies developing...WW…
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