General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
Microsoft plans to take an $800 million charge after General Motors said it was shutting down its autonomous taxi initiative.
Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...
General Motors announced Tuesday it will no longer be funding its Cruise robotaxi operations after years of navigating ...
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
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 ...
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Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
The robo-taxi company Cruise – whose autonomous vehicles were banned last year from San Francisco streets – is no more.
Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...