Volkswagen deepens cloud computing partnership with Microsoft
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/1/2026
- Wall Street closes sharply lower as AI cash burn fears spark tech selloff
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets
- Bitcoin, cryptocurrency prices fall after Binance reports security issue
- Higher yields now hurting AI stock bull as bond markets police capex: BofA
- Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran
Tweet
Share
E-mail
Microsoft CEO Satya Nadella and Volkswagen CEO Herbert Diess address a news conference in Berlin, Germany February 27, 2019. REUTERS/Fabrizio Bensch
FRANKFURT (Reuters) - Volkswagen said on Wednesday it had struck a deal with Microsoft to cooperate on cloud computing in China and the United States, as part of its drive to offer connected vehicle services across the globe.
By allowing vehicles to tap Microsoft's remote computer processors via the so-called cloud, Volkswagen can offer its customers personalized on-board media streaming, and make suggestions for parking and charging.
Volkswagen will use its Automotive Cloud as the core of its vehicle and service data operations for its new ID electric cars which are due to hit showrooms in 2020, the carmaker said.
(Reporting by Edward Taylor; Editing by Mark Potter)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Microsoft expects to raise $25 billion in US bond sale, sources say
- Microsoft (MSFT) PT Raised to $700 at UBS on Solid Q1 Beat
- RBC Capital cuts Medical Properties Trust to Underperform on tenant risks
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
