Microsoft joined carmakers General Motors and Honda in a round that pushed the driverless car technology developer's valuation to $30bn.
US-headquartered autonomous driving technology developer Cruise raised more than $2bn from investors including software provider Microsoft and automotive manufacturers General Motors (GM) and Honda today.
The corporates were joined in the round by undisclosed institutional investors, and the cash was provided at a $30bn post-money valuation.
Cruise is working on autonomous driving software that will be used in all-electric vehicles forming the basis for shared taxi services, in addition to hardware such as sensors, robotics and telematics systems.
Microsoft invested…
