General Motors (GM.N) announced that it will end robotaxi development at its majority-owned, money-losing Cruise business, a ...
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
In an announcement that’s shocked many, GM has said it will no longer provide funding for Cruise, its robotaxi service.
Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...
It made a good one-two-three AI punch with new Gemini models, a new AI agent platform and the general availability of its ...
Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from Tesla.
General Motors is planning to close down Cruise , its autonomous ... Consistent with GM's capital allocation priorities, GM ...
General Motors is getting out of the RoboTaxi business, instead focusing on bringing autonomous driving technology to its ...
It’s possible the automaker’s throttling back on its robotaxi endeavor will come to be seen as a missed opportunity. But it’s definitely a sign self-driving electrified vehicles are a more complex, ...
Here are some of the major companies whose stocks moved on the week’s news.
Removing the crash-disclosure provision would particularly benefit Tesla, which has reported most of the crashes.
Elon Musk’s choice of Warner Bros Studios for the long-anticipated launch of his robotaxi on October 10th was entirely ...