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

, GM, which acquired Cruise in 2016, and other institutional investors. Cruise declined to breakdown the new funding by company. It brings Cruise's valuation to more than $30 billion.

"Self-driving cars will make transportation safer, cleaner and more accessible for everyone," Cruise CEO Dan Ammann said in a statement. "Making this happen requires a clear mission, world-class talent, great partners and a lot of capital." Commercializing autonomous vehicles has been far more challenging than many predicted even a few years ago. The challenges have led to a consolidation in the autonomous vehicle sector after years of enthusiasm touting the technology as the next multitrillion-dollar market for transportation companies., have given up on developing the systems in-house, while others such as Zoox sold to Amazon.

The announcements this week are significant for Cruise, which has been concentrating its self-driving vehicle

Smart initiative by Walmart 👌

ایران آخرین اخبار, ایران سرفصلها

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Amazon, Google, GM, Starbucks and hundreds of companies join to oppose voting restrictionsHundreds of prominent executives from high-profile companies — including Amazon, Google, BlackRock and Starbucks — have signed a statement that opposes discriminatory legislation that makes voting harder. They should all pledge not to give a single $ to any political party or official who is for discrimination. Then only they will learn. This bill literally extended early voting from 11 days to 17 days. This bill also allows polls to stay open until 7pm rather than 5pm. Why do you continue to lie about this bill? Those laws are RACIST
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