Microsoft plans to take an $800 million charge after General Motors said it was shutting down its autonomous taxi initiative.
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost ...
Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...
Deutsche Bank identifies Volkswagen, BMW, Tesla, and BYD as standout picks for 2025, highlighting key trends like ...
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...
Cruise isn't even the first major player to bow out of the race to develop a robotaxi business. Ford ( F) ended its Argo AI ...
GM has halted funding for Cruise's robotaxi program to focus on integrating its technology into GM's own autonomous vehicle ...
Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...
We recently published a list of 10 Best Self-Driving Technology Stocks To Buy According to Hedge Funds. In this article, we ...