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Microsoft will take $800 million charge on Cruise investment

Geekwire on MSN · 12h

Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.

Hosted on MSN · 6h

Microsoft Sees $800 Million Charge on Stake in GM’s Cruise

Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative.

TechCrunch · 10h

Microsoft will take an $800M hit over Cruise robotaxi shutdown

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority

13h

Honda cuts funding to robotaxi venture with Cruise and GM in Japan

Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle ...

Business Times6h

Microsoft expects US$800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

MICROSOFT expects to record an impairment charge of around US$800 million in the second quarter of fiscal year 2025 over ...

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