GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
Government Technology1h
GM Puts the Brakes on Cruise, Turns to Autonomous Tech
After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
General Motors works with materials startup to revolutionize electric car batteries — and it could change everything about your next vehicle
General Motors has teamed up with a materials science startup with the goal of enhancing performance and increasing the ...
GM shifts focus of Cruise autonomous driving from robotaxis to personal vehicles
General Motors said on Tuesday it will no longer individually fund its Cruise autonomous robotaxi division, instead folding ...
Money Morning1h
Lyft Stock Drops on GM Robotaxi News: Key Support Levels Hold, But Risks Loom
Shares of Lyft should find more support from the stock’s 200-day moving average currently at $14.78, but that support will ...
cbtnews1h
General Motors’ Cruise ditches robotaxis to invest in driver-assistance features
General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...
How GM’s self-driving strategy is evolving as it gives up on Cruise business
General Motors has bailed on its Cruise robotaxis, citing the amount of time and resources needed to scale the business and ...