Gatik, Microsoft’s commitment to autonomous driving

Microsoft has been in advanced talks since the beginning of the year to invest in Gatik. A California-based standalone startup, as part of its cloud partnership with the enterprise. This information has some relevance having reached Reuters from sources close to the talks.

Gatik, the gateway to autonomous vehicles for Microsoft

Microsoft plans to invest more than $10 million in a funding round that values ​​Gatik at more than $700 million, the sources added. As part of the agreement, Gatik will use the Microsoft cloud and Azure platform in the development of autonomous delivery technology for trucks. An agreement from which both parties clearly benefit. As usual, Microsoft and Gatik declined to comment.

Like other big tech companies, Microsoft has recently invested funds in self-driving technology. In January 2021, Microsoft invested in General Motors-owned, robotaxis-focused Cruise in a deal that valued the company at $30 billion. Cruise plans to use Azure to power its autonomous vehicle solutions for commercial purposes and competes with Alphabet’s Waymo and Amazon’s Zoox.

It seems big tech doesn’t want to sit idly by while new markets emerge. Being able to be in a dominant position is something very interesting for these companies as they integrate their services into these new companies. We will see which is the most interesting bet, Waymo, Zoox or Gatik. Either way, the big tech companies will continue to win.

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