Taking into account that the future of the automotive industry is not only electric but also autonomous, General Motors and Cruise (autonomous mobility company) partnered with Microsoft for accelerate the commercialization of autonomous vehicles. Under this association, the three companies will unite:
- Your experience in software and hardware engineering.
- Its developments in online storage platforms (clouds).
- Your know-how in manufacturing.
How will each company benefit?
Cruise (which is a subsidiary of GM) will use the platform computing and cutting-edge technology from Microsoft called Azure, with the purpose of market your autonomous vehicle solutions. As for Microsoft, it will leverage Cruise’s extensive industry experience to improve your product innovation and serve transportation companies around the world. As a result, Microsoft will join with General Motors, Honda and other investors to inject Cruise with equity worth more than 2 billion dollars, which will raise the valuation of the subsidiary to $ 30 billion.
Mary Barra, President and CEO of General Motors, said: “The addition of Microsoft as we move towards a world of zero accidents, zero emissions and zero congestion is very good. Will help us accelerate the commercialization of Cruise’s fully electric and autonomous vehicles and will assist GM to realize even more benefits online as we launch 30 new electric models globally by 2025, and create new businesses and services to drive growth. “
Additionally, General Motors will work with Microsoft as its online storage provider to accelerate your digitization initiatives, including collaboration, storage, artificial intelligence and learning capabilities. The ensemble will also explore opportunities to optimize operations in digital supply chains, boost productivity and Bring new mobility services to customers faster.
What do you think of the agreement between General Motors, Cruise and Microsoft? Leave us your answer in the comments!
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