Retail giant Walmart is investing in self-driving vehicle firm Cruise, as part of a new $2.75 billion funding round.
General Motors is the majority owner in Cruise.
Walmart U.S. CEO John Furner said the company is impressed with Cruise’s “differentiated business model, unique technology and unmatched driverless testing.”
Walmart has partnerships with six self-driving vehicle companies, including Cruise, Ford Motor and Alphabet-owned Waymo.
The investment round in Cruise announced in January was $2 billion, and it included Microsoft, GM, which acquired Cruise in 2016, and other institutional investors. The additional investment includes Walmart and other institutional investors, according to the company.