General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
General Motors is pivoting from self-driving ... opportunity with personal vehicle autonomy rather than building a robotaxi fleet with its San Francisco-based self-driving subsidiary Cruise. The automaker said it will combine Cruise, of which GM is ...
General Motors’ Decision To ‘No Longer Fund’ Cruise Is A Loss For Accessibility, Too
For many in the low-vision community, self-driving cars represent the zenith of accessibility; no longer must we be at the mercy of of others to get around.
General Motors to stop funding its Cruise robotaxi business
General Motors will stop funding its Cruise robotaxi business and focus on developing self-driving technology for personal vehicles, the automaker said in a statement on Tuesday. The company said in a statement that it had made the decision due to “the considerable time and resources that would be needed to scale the business” as well as increased competition in the robotaxi market.
General Motors ends Cruise robotaxi business in strategic industry exit
General Motors Co. announced today that its Cruise self-driving car unit is exiting the robotaxi business as part of a realignment of the company’s autonomous driving strategy. Under the realignment,
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 that GM has pulled the plug on
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 unit
Cruise employees ‘blindsided’ by GM’s decision to end robotaxi program, TC says
Several Cruise employees say they were “surprised” and “blindsided” by GM‘s decision to end Cruise’s robotaxi program and that they expect job
GM's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.
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.
Microsoft sees $800M charge from GM no longer funding robotaxi
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The winner of the robotaxi race will come down to a few players. Here's why.
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
General Motors Scraps Cruise, Alphabet's Waymo A Big Part Of The Reason Why
Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...
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Costly Cruise Venture Forces GM to Retreat from Robotaxi Race
General Motors is winding down its Cruise robotaxi division, according to a new report from Bloomberg. GM's exit from the market leaves Google's Waymo and Tesla as the two main names in ...
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General Motors To Shut Down Autonomous Car Developer Cruise Despite $10 Billion Spend Robotics & Automation News
General Motors is planning to close down Cruise , its autonomous ... Consistent with GM's capital allocation priorities ...
The Score: General Motors, Nvidia, UnitedHealth and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.
With General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...