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 ...
GM Ditches Cruise — Are Robotaxis Dead?
Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...
GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
What Cruise's self-driving end means for Tesla and Waymo: Morning Brief
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 ...
Big moves show that GM is restructuring on the fly as uncertainty looms in 2025
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
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Uber Stock Rises as GM Cancels Robotaxi Plans
GM has halted funding for Cruise's robotaxi program to focus on integrating its technology into GM's own autonomous vehicle ...
Microsoft Expects $800 Million Impairment Charge Due To GM's Cruise Exit, Analyst Says It's A 'Step In The Right Direction' For Automaker
Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...
Why Is NVIDIA Corporation (NVDA) the Best Self-Driving Technology Stock to Buy According to Hedge Funds?
We recently published a list of 10 Best Self-Driving Technology Stocks To Buy According to Hedge Funds. In this article, we ...
Microsoft Sees $800 Million Charge on Stake in GM’s Cruise
Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi ...
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GM Abandons $50 Billion Robotaxi Ambition, Shifts Cruise Focus to Personal Vehicles
General Motors has made a pivotal decision to abandon its ambitious robotaxi venture under Cruise, a self-driving subsidiary it acquired in 2016. After spending nearly $10 billion over a decade to ...
GM quits 'robotaxi' business but others push on
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
The end of Cruise is the beginning of a risky new phase for autonomous vehicles
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...