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 ...
GM Authority1h
GM’s Cruise Employees Informed Of Robotaxi Operations Shutdown Via Slack
GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.
Dallas Innovates1h
Corgan Expands ‘The Shop’ Near Its Dallas HQ To Create Architectural Models, Mock-Ups, and More
The Shop—located near Corgan's West End headquarters— features state-of-the-art tools including laser cutters, advanced 3D ...
Dallas Innovates1h
GM Scraps Its Cruise Robotaxi Service After Resuming Dallas Testing
Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...
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 ...
cbtnews2h
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 ...
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...
Here's how much of a hit Microsoft is taking with its investment in GM's Cruise
In terms of per-share earnings, the charge will be a hit of around 9 cents a share to Microsoft's fiscal second-quarter EPS. The FactSet analyst consensus calls for EPS of $3.15 for Microsoft, which ...
Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi Program
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor’s ...
DBusiness Magazine2h
General Motors Drops Robotaxi R&D to Expand Fully Autonomous Personal Vehicles
General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...
Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...
GM moves away from the robotaxi business axing Cruise
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...