As we reported on Tuesday, GM is dropping Cruise robotaxi efforts and refocusing on autonomy in personal vehicles. The move is expected to reduce GM’s spending by more than $1 billion annually, and it ...

While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...

GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.

After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...

After spending the past two years in OpenAI’s shadow and being viewed as an AI laggard, Alphabet is changing the narrative. We sell different types of products and services to both investment ...

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...

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 Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative.

General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...

General Motors is shutting down its Cruise robotaxi project, citing intense competition for self-driving cars and the steep ...

The move comes just months after Cruise announced it would restart testing operations in Houston after a staffing shakeup ...

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...