In the U.S., four robotaxi companies have been leading the way: Cruise, Motional, Waymo, and Zoox. (While Tesla is worth ...
General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus its spending on autonomous vehicle development specifically for personally owned vehicles. Now Cruise ...
Friedman's enthusiasm for self-driving cars may not come as a surprise. He was an early angel investor in Cruise, the ...
The same day that General Motors announced that it would stop funding its beleaguered robotaxi company Cruise, one of China’s ...
GM CEO Mary Barra, with the ending of its Cruise robotaxi operations, made it clear that the automaker's growth priorities have shifted amid a broader, industrywide retrench to preserve capital.
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving for personal vehicles.
The end of GM's self-driving, ride-sharing technology venture leaves a gap in the autonomous driving (AV) market. While Tesla ...
General Motors said Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.
GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an ...
Detroit — General Motors Co.'s move Tuesday to halt funding for its Cruise LLC robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multi-billion-dollar ...
General Motors (GM) pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its autonomous ambitions that began eight years ago. GM said it would ...
For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy ...