Microsoft Joins $2 Billion Deal With GM To Roll Out Self-Driving Cars
Microsoft is joining GM, Honda and others in a $2 billion investment round in Cruise to help commercialize its self-driving cars. The deal bumps Cruise's valuation to $30 billion, from $19 billion last year. From a report: The investment is part of a broader commitment by GM and Cruise to use Microsoft's Azure cloud-computing platform across their companies, especially as they roll out increasingly complex vehicles that rely on digital technologies. Self-driving vehicles devour massive amounts of data to operate safely. They collect and process data from cameras, radar and lidar sensors for perception, location mapping and decision-making. Commercialization requires even more data to optimize routes and to create consumer-facing apps and websites. "Microsoft, as the gold standard in the trustworthy democratization of technology, will be a force multiplier for us as we commercialize our fleet of self-driving, all-electric, shared vehicles," said Cruise CEO Dan Ammann.
from Slashdot https://ift.tt/3ipZgCf
Read more of this story at Slashdot.
from Slashdot https://ift.tt/3ipZgCf
Related Posts :
Could Open Source Licensing Stop Big Pharma Profiteering On Taxpayer-Funded Covid-19 Vaccines?- Google Returns to Using Humans (Instead of AI) to Moderate Content on YouTube
- With New Security and Free Internet Issues, What Did the TikTok Deal Really Achieve?
- Bill Gates vs. Steve Jobs: the Books They Recommended
- From Climate Change to the Dangers of Smoking: How Powerful Interests 'Made Us Doubt Everything'
0 Response to "Microsoft Joins $2 Billion Deal With GM To Roll Out Self-Driving Cars"
Post a Comment