Cruise’s robotaxi service will likely shut down as GM pulls its funding
The shutdown of Cruise’s robotaxi service comes amid a turbulent time for autonomous vehicles. While Alphabet’s Waymo continues to eye new markets, other ventures have faltered. The most notable was Argo AI, which shutdown in 2022 after Ford and Volkswagen pulled funding.
General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
A Cruise driverless robotaxi operating in San Francisco, California on ... [+] July 24, 2023. Anadolu Agency via General ...
GM only owns around 90% of Cruise, but the company has agreements with other shareholders that will raise its stake to more ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive ...
General Motors has announced that it will no longer pursue its Cruise robotaxi efforts, opting to refocus its autonomous ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
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