GM Expands in California
When GM announced its $1 billion acquisition of Cruise Automation, I was skeptical. Cruise was a San Francisco software startup; GM is a venerable American automotive company with a bureaucracy that I presume is optimized for rolling vehicles off the assembly line. It was not obvious that this was a match made in heaven.
But the acquisition is now over a year old and it seems to be working out really well.
The most recent news is that GM will be adding 1100 jobs to its San Francisco office over the next five years.
Self-driving Chevy Bolts are maybe not quite ubiquitous in San Francisco, but they’re normal enough to make me guess that GM is probably the number two tester of Level 4 autonomous vehicles in the Bay Area (and the world?), after Google.