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Tag: Cruise


Industry Focus Areas, Motorized Vehicle

Walmart investing in GM’s Cruise self-driving car company

April 15, 2021

Via: CNBC

Walmart is investing in Cruise, General Motors’ majority-owned self-driving vehicle subsidiary, as part of a new $2.75 billion funding round for the company. The decision to invest comes about five months after the companies started developing a pilot program to […]


Industry Focus Areas, Motorized Vehicle

GM, Microsoft lead $2 billion in funding for Cruise, team up on technology

January 19, 2021

Via: Automotive News

General Motors and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture. The new funds will raise Cruise’s post-investment […]


Industry Focus Areas, Motorized Vehicle

GM to buy autonomous-driving startup Cruise

March 14, 2016

Via: Automotive News

General Motors is acquiring a California technology company that sells an aftermarket autonomous-driving kit, the latest in a string of investments by GM in startups involved in alternative modes of mobility. GM said in a statement today that it’s acquiring […]