Microsoft is investing two billion dollars in self-driving vehicles

As part of the new project, Microsoft is partnering with Cruise – a subsidiary of General Motors, which is in charge of self-driving car models. The goal is to accelerate the commercialization of autonomous vehicles, and Microsoft is bringing an investment of two billion dollars into the project.

U Cruise was previously invested by both Honda and General Motors, so the total value with Microsoft’s investment reaches $ 30 billion. Microsoft and Cruise are thus entering into a long-term strategic partnership, which is the first time that the software giant has taken a serious interest in self-driving vehicle technology. As part of the agreement, Cruise will also use Azure – Microsoft’s cloud computing system, in order to increase revenues from the sale of autonomous vehicles as soon as possible.

Microsoft points out that investing in new technologies is important for the progress of humanity, so it also applies to the modernization of passenger transport. The goal is for autonomous driving to become mainstream, and for self-driving vehicles to become dominant on roads around the world. Cruise, along with competing firms like Waymo, is already working on it, so it has already started testing its first fully autonomous model on the streets of San Francisco. It is the Cruise Origin, a car without a steering wheel, which the company introduced for the first time in 2020. The vehicle is designed so that it can connect more passengers.

Cruise

Microsoft has so far been absent from the race to develop new self-driving models, but that is now changing, as big profits and access to information that will shape the new age are at stake.

Source: PCpress.rs / The Verge

Photo: Autoblog.rs archive


Source: AutoBlog by autoblog.rs.

*The article has been translated based on the content of AutoBlog by autoblog.rs. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!