DETROIT: Normal Motors is teaming up with Microsoft to speed up its rollout of electrical, self-driving vehicles.
Within the partnership introduced Tuesday, the businesses mentioned Microsoft’s Azure cloud and edge computing platform could be used to “commercialize its distinctive autonomous car options at scale.”
Microsoft joins Normal Motors, Honda and different institutional buyers in a mixed new fairness funding of greater than $2 billion in Cruise, bringing its valuation to about $30 billion.
Cruise, which GM purchased in 2016, has been a pacesetter in driverless know-how and obtained the go-ahead from California late final 12 months to check its automated automobiles in San Francisco with out backup drivers.
Shares in GM jumped greater than 8% in early buying and selling, to $54.07.