Microsoft invests heavily in autonomous tech firm Cruise
Tuesday, January 19, 2021
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Microsoft has invested heavily in autonomous driving firm Cruise, initiating a alliance that will "bring together [shared] software and hardware engineering excellence, cloud computing capabilities, and manufacturing know-how." The software giant made its initial contribution as part of a recent US$2 billion (AU$2.6 billion) funding round, which reportedly lifted the start-up’s market value above US$30 billion (AU$39 billion).
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