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Microsoft, GM lead $2 bn investment in self-driving car startup Cruise
short by Hiral Goyal / on Tuesday, 19 January, 2021
Self-driving car startup Cruise has raised $2 billion in a new equity round led by General Motors and Microsoft. The latest round has raised Cruise's valuation to $30 billion. Honda and other institutional investors also participated in the round. General Motors will continue to retain a majority stake in the startup, a Cruise spokesperson said.
read more at TechCrunch