Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive ...
General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost ...
The company suspended the Cruise self-driving taxi service late last year after a vehicle struck and seriously injured a ...
With the decision to fold Cruise into the parent company, GM is giving up on hopes of transforming itself into a ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
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General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...
Microsoft (MSFT) expects an $800 million charge from its minority stake in General Motors (GM) now shut down the robotaxi unit. The tech giant made a strategic investment in the robotaxi business to ...
Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...