GM-owned self-driving firm Cruise pushed its total value to $30 billion with Microsoft's participation in a $2 billion equity investment.
It was not divulged how much Microsoft infused in the equity investment and how large of a stake it will receive in Cruise. GM will retain a majority stake in Cruise.
Cruise and GM will use Microsoft's Azure cloud computing platform to help develop vehicles and services.
Institutional participants in the $2 billion equity investment include Honda, already a major partner in Cruise.
Founded in 2013, Cruise was acquired by GM in 2016.
In 2018, Honda announced that it would invest $2 billion over 12 years in Cruise. Honda's participation in the latest round of investment is in addition to that.
Honda had collaborated with GM in developing a self-driving car, called the Origin, for taxi and delivery services.
GM announced last fall that it will build the Origin at its Factory Zero in Michigan,which is being modified to build only electric vehicles.


Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Disney Board Nears CEO Decision as Josh D’Amaro Emerges as Leading Candidate
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 



