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Walmart investing in GM’s Cruise self-driving car company – CNBC

Walmart’s decision to invest comes about five months after the companies started working on a pilot program for deliveries in Scottsdale, Arizona.

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Walmartis investing in Cruise, General Motors’ majority-owned self-driving vehicle subsidiary, as part of a new $2.75 billion funding round for the company.
The decision to invest comes about five months after the companies started developing a pilot program to use Cruise self-driving vehicles for deliveries in Scottsdale, Arizona.  
“This investment is a marker for us it shows our commitment to bringing the benefit of self-driving cars to our customers and business,” Walmart U.S. CEO John Furner…

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