gm partnership with microsoft

Microsoft's Partnership with GM Cruise Shows the Apple-Windows Wars Are Back on Four Wheels 5 people dead, including 2 children, in South … This story originally appeared on Benzinga. DETROIT — General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. Microsoft has agreed to join other institutional investors, GM and Honda on a more than $2 billion new equity investment in Cruise, GM’s majority-owned self-driving car segment. Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner. Cruise and General Motors today announced they have entered a long-term strategic partnership with Microsoft. Microsoft is partnering up with Cruise, the self-driving subsidiary of General Motors, to provide cloud services and help accelerate the commercialization of … In October, Microsoft entered a partnership agreement with Wayve, a London-based developer of self-driving car software that was part of Microsoft’s … ; The partnership is part of a wider investment and would see GM … The two have entered a “long-term strategic relationship” with Microsoft to speed up the commercialization of autonomous vehicles. Article continues below advertisement The recovery from the 2020 lows has been quite swift for GM … Microsoft Azure. Go-to-market with Microsoft. GM remains the majority stakeholder. Cruise and General Motors announced a long-term strategic partnership with Microsoft to accelerate the commercialization of self-driving cars. " Microsoft will help us accelerate the commercialization of Cruise's all-electric, self-driving vehicles and help GM realize even more benefits from cloud computing as we launch 30 new electric vehicles globally by 2025 and create new businesses and services to drive growth." Bengaluru, NFAPost: Microsoft has finalised its partnership with driverless car startup Cruise (GM subsidiary) as part of the two-billion dollar equity fund deal with key investors including Honda and GM. General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. In the partnership announced Tuesday, the companies said Microsoft’s Azure cloud and edge computing platform would be used to “commercialize its unique autonomous vehicle solutions at scale.” Microsoft will join General Motors, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the valuation of Cruise to $30 billion. The latest round of … TORONTO — July 11, 2016 — GE (NYSE: GE) and Microsoft Corp. (Nasdaq: “MSFT”) today announced a partnership that will make GE’s Predix platform for the Industrial Internet available on the Microsoft Azure cloud for industrial businesses. In the partnership announced Tuesday, the companies said Microsoft… -- General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. Citi thinks the Microsoft … As part of the deal, Microsoft's Azure will become Cruise's preferred cloud platform. Cruise and GM have enlisted an important ally in their quest to make self-driving cars a practical reality. The partnership will also help to introduce new mobility services to General Motors’ customers. Microsoft is investing in GM's Cruise autonomous car company, which will use the Azure cloud computing platform. “While adding Microsoft Azure support will provide more health experts with the ability to access the Terra platform, this partnership is broader than cloud usage,” Verily said. DETROIT – General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars.. That will help the company compete with … GM and Cruise partner with Microsoft On Tuesday, GM and Cruise announced that they were forming a strategic relationship with Microsoft. The centerpiece of the deal is an agreement for Cruise to use Microsoft's Azure cloud and edge computing platform to help it commercialize AVs. Separately, Morgan Stanley analyst Adam Jonas says the new partnership adds serious capability and value to GM's self-driven-car effort. That will help the company compete with Waymo, which has access to the software capabilities of parent Alphabet Inc. In the partnership announced Tuesday, the companies said Microsoft’s … Image: GM. The partnership with Cruise and GM, which enjoys a majority stake at Cruise, will also enable Microsoft to further refine its customer-driven product innovation and automotive solutions. In January, GM and Cruise entered into a partnership with Microsoft for autonomous cars. As with Ford, there would be nothing like an Apple partnership to … General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. In the partnership announced Tuesday, the companies said Microsoft… Q4 2020 hedge fund letters, conferences and more By combining modern designs with powerful technology, General Motors is continuously delivering new and exciting products and services. Editor’s note 6/26/2018: This post was updated to reflect GM’s change from Office 365 to Microsoft 365. In the partnership announced Tuesday, the companies said Microsoft's Azure cloud and edge computing platform would be used to "commercialize its unique autonomous vehicle solutions at scale." Microsoft's Partnership with GM Cruise Shows the Apple-Windows Wars Are Back on Four Wheels With rumors of an Apple car swirling once more, Microsoft joins a … SILVER SPRING, Md. In the partnership announced Tuesday, the companies said Microsoft… But the "long-term strategic partnership" between Microsoft and Cruise will go beyond an investment. This means Cruise now has access to the Microsoft Azure cloud platform, … Cruise and majority shareholder GM confirmed the partnership with Microsoft on Tuesday, described as a "long-term strategic relationship," with the aim of bringing self-driving vehicles to market. SILVER SPRING, Md. The aim of this partnership is to accelerate the commercialization of self-driving vehicles. Recently, Cruise and GM announced their entry into a long-term strategic partnership with Microsoft in a joint endeavor to push forward the commercialization of self-driving vehicles. Microsoft is the latest big name to invest in Cruise, the division of General Motors devoted to self-driving cars and developing autonomous tech. ... That was the price target before the Microsoft partnership was announced. In addition, Microsoft … This brings Microsoft and Cruise together for a long-term strategic partnership, but Microsoft will be able to invest in and work with other self-driving companies as well. Beyond this, Microsoft has also invested $2 billion USD (roughly $2.5 billion CAD) into the self-driving program, bringing the total valuation for Cruise up to $30 billion USD (roughly $38 billion CAD). Earlier this week, GM announced a partnership with Microsoft in which the tech-giant will take a stake in the automaker’s self-driving Cruise company that values the … ET As part of the “long-term strategic relationship,” Microsoft will join General Motors GM, +1.54%, as well as Honda Motor Co. Ltd. HMC, +0.63% 7267, -0.58% and institutional investors on a combined new $2 billion equity investment in GM’s self-driving vehicle startup Cruise. Posted . That will help the company compete with Waymo, which has access to the software capabilities of parent Alphabet Inc. Image courtesy of Microsoft. Editor’s note 6/26/2018: This post was updated to reflect GM’s change from Office 365 to Microsoft 365. By combining modern designs with powerful technology, General Motors is continuously delivering new and exciting products and services. The deal will combine the various elements of the three companies, including software and hardware engineering, manufacturing, and cloud computing capabilities. Analysis GM Price Action: Shares of General Motors … General Motors Co. has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that. General Motors sets goal of going largely electric by 2035 Microsoft, GM's Cruise team up on driverless cars technology General Motors and Honda are teaming up in North America. Business Microsoft joins GM, Cruise self-driving partnership. GM stock soars toward another record after Microsoft partnership on driverless cars Last Updated: Jan. 19, 2021 at 1:32 p.m. General Motors Co. is teaming up with Microsoft Corp. to accelerate its rollout of electric, self-driving cars. DETROIT — General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. SILVER SPRING, Md. Your Microsoft Partner Network membership includes access to resources designed to accelerate your time to market, generate leads, and grow your cloud business. Cruise, Microsoft, and GM logos. Microsoft’s Inside Track podcast explores the intersection of industry and technology that helps to accelerate the future of the automotive industry. General Motors Co. and its autonomous partner Cruise LLC have entered long-term strategic relationship with Microsoft Corp., driving GM shares higher. DETROIT – General Motors has entered a long-term strategic partnership with Microsoft that will “accelerate the commercialization of self-driving vehicles,” the automaker announced Tuesday morning. (AP) — General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. Interestingly, Microsoft also participated in the round, contributing an undisclosed amount of funding to Cruise. In the partnership announced Tuesday, the companies said Microsoft… Microsoft and Cruise have also formed a “long-term partnership” in which Cruise will use Microsoft’s Azure cloud computing service for its autonomous vehicles. The partnership with Microsoft gives Cruise, which is majority owned by GM, a major software player in its corner. The partnership with Microsoft and new investment round could lead to calls for General Motors to spin off the division to unlock shareholder value. Cruise is developing self-driving cars and a … Investment SAN FRANCISCO, DETROIT and REDMOND, Wash. – January 19, 2021 – Cruise and General Motors on Tuesday announced they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving vehicles. Cruise and majority shareholder GM confirmed the partnership with Microsoft on Tuesday, described as a "long-term strategic relationship," with the … Driverless car startup Cruise, a GM subsidiary, today announced the finalization of a two-billion dollar equity fund from primary investors Microsoft, Honda, and GM. — General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. The aim of this partnership is to accelerate the commercialization of self-driving vehicles. In the partnership announced Tuesday, the companies said Microsoft… The Microsoft partnership is part of a combined equity investment in Cruise that also includes Honda Motors; no investment breakdown by company has been provided. The new partnership has been described as a “long-term strategic relationship,” and Microsoft is putting in $2 billion USD-worth of equity investments, joining GM… Cruise and majority shareholder GM confirmed the partnership with Microsoft on Tuesday, described as a "long-term strategic relationship," with the aim of bringing self-driving vehicles to market. GM Partners with Microsoft to Accelerate Autonomous Vehicle Plans. General Motors Co. is teaming up with Microsoft Corp. to accelerate its rollout of electric, self-driving cars. GM and its subsidiary Cruise disclosed that they inked a long-term strategic partnership with Microsoft to speed up the commercialization of self-driving cars. Microsoft will become the preferred cloud provider for both GM and Cruise, which will leverage the tech company’s Azure platform. Self-driving car maker Cruise and majority shareholder General Motors said on Tuesday they would partner with Microsoft … (AP) — General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. Cruise and majority shareholder GM confirmed the partnership with Microsoft on Tuesday, described as a "long-term strategic relationship," with the aim of bringing self-driving vehicles to market. The announcement further stated that General Motors would work with Microsoft to promote productivity. SAN FRANCISCO and DETROIT and REDMOND, Wash., Jan. 19, 2021 /PRNewswire/ -- Cruise and General Motors on Tuesday announced they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving vehicles. Microsoft is partnering with GM to help bring the automaker's robotaxi startup Cruise's autonomous vehicles to the road. SILVER SPRING, Md. GM shares surge as Microsoft joins $2 billion self-driving venture Back to video The partnership with Microsoft gives Cruise, which is majority owned by GM, a major software player in its corner. GM’s self-driving start-up Cruise will use Microsoft’s cloud computing platform Azure to commercialize its autonomous vehicle solutions at scale while Microsoft will use Cruise’s industry expertise to improve its product innovation and serve transportation companies around the world. Microsoft, Cruise and General Motors will bring together their software and hardware engineering capabilities, cloud computing tech, manufacturing know-how and partner ecosystem to … Cruise and General Motors today announced they have entered a long-term strategic partnership with Microsoft. GM Stock Rises On Microsoft Partnership. This brings Microsoft and Cruise […] GM is negotiating with Internet search behemoth and new smartphone marketer Google to develop in-car telematics to compete with Ford and Microsoft… GM and Cruise partner with Microsoft On Tuesday, GM and Cruise announced that they were forming a strategic relationship with Microsoft. SILVER SPRING, Md. General Motors subsidiary Crusie is now partnering with Microsoft to leverage the tech giant’s cloud knowledge and infrastructure. Microsoft, Cruise and General Motors will bring together their software and hardware engineering capabilities, cloud computing tech, manufacturing know-how and partner ecosystem to … “Microsoft is a great addition to the team as we drive toward a future world of zero crashes, zero emissions and zero congestion. To help partners grow and succeed, Microsoft invests in you—the resources, programs, and tools we offer help you train your team, build innovative solutions, differentiate in the marketplace, and connect with customers. The move marks the first step in a broad strategic collaboration between the two companies, which will allow […] The centerpiece of the deal is an agreement for Cruise … The partnership with Microsoft aims to bring from the latter its Azure cloud and edge computing platform in order to commercialise autonomous vehicle solutions at scale, says General Motors. On Tuesday, Microsoft announced a contribution to a $2 billion investment round that also included funding from GM and Honda, placing Cruise’s total valuation at $30 billion. Microsoft Corporation has "entered a long-term strategic relationship" with General Motors Company and Cruise LLC, a company developing self-driving electric vehicles that is majority-owned by GM. In the partnership announced Tuesday, the companies said Microsoft’s Azure cloud and edge computing platform would be used to “commercialize its unique autonomous vehicle solutions at scale.” Microsoft will invest $2bn in self-driving car company Cruise, entering into a partnership that will see it offer cloud and Edge support. The partnership with Microsoft and new investment round could lead to calls for General Motors to spin off the division to unlock shareholder value. The deal will combine the various elements of the three companies, including software and hardware engineering, manufacturing, and cloud computing capabilities. Your launchpad for growth. An investment by Microsoft in GM’s self-driving car company Cruise has GM stock rising Tuesday. -- General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. Microsoft, General Motors (GM) and its self-driving subsidiary Cruise have announced a strategic partnership for the commercialisation of autonomous vehicles. Cruise and GM have enlisted an important ally in their quest to make self-driving cars a practical reality. General Motors and Microsoft shares moved higher after the two companies announced a partnership for self-driving cars. GM has set a partnership with Microsoft (NASDAQ: MSFT) to speed along its EV and AV work. Cruise was acquired by GM back in 2016, but is operated as a somewhat independent company. A strategic partnership with Microsoft was announced Tuesday by General Motors and Cruise aimed at speeding up the commercialization of shared self-driving vehicles. ET First Published: Jan. 19, 2021 at 11:12 a.m. GM Price Action: Shares of General Motors were up 9.56% at $54.76 Tuesday. General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. Self-driving car maker Cruise and majority shareholder General Motors said on Tuesday they would partner with Microsoft to accelerate the commercialization of driverless vehicles. General Motors acquired Cruise in 2016 and owns the majority of the company. Shares jumped 9.75% to close at 54.84 on the stock market today, hitting the highest level since becoming publicly traded again after … The companies agreed to create cleaner, safer, and more accessible transportation for everyone worldwide. The partnership with Microsoft gives Cruise, which is majority-owned by GM, a major software player in its corner. In the partnership announced Tuesday, the companies said Microsoft… General Motors and its self-driving car subsidiary Cruise will partner with Microsoft to accelerate the commercialization of self-driving vehicles, the companies said Tuesday. General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise LLC in a deal that will bring the … In the partnership announced Tuesday, the companies said Microsoft’s Azure cloud and edge computing platform would be used to “commercialize its unique autonomous vehicle solutions at …

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