Walmart invests in GM’s Cruise for self-driving development

Walmart is investing in autonomous driving development with General Motors’ Cruise division. The retail giant’s investment helped push Cruise’s most recent funding round to $2.75 billion. “This investment is a marker for us — it shows our commitment to bringing the benefit of self-driving cars to our customers and business,” said Walmart U.S. CEO John Furner in a blog post, adding that the company is excited to join Cruise’s partner and investor ecosystem with the likes of GM, Honda and Microsoft. (Source: CNET) Read the original story…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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