The company suspended the Cruise self-driving taxi service late last year after a vehicle struck and seriously injured a ...

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

Uber stock extended its weekly losses to 7.27% after news broke that General Motors would be shutting down its autonomous ...

General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...

We recently published a list of 10 Best Self-Driving Technology Stocks To Buy According to Hedge Funds. In this article, we ...

Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

In racing terms, the stage race is ongoing and we've finished the first stage. We're starting to see some winners like Waymo ...

Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...

Read here for a discussion of Waymo’s rapid expansion in the autonomous industry, impacting competitors like Uber and Lyft.

General Motors has made a pivotal decision to abandon its ambitious robotaxi venture under Cruise, a self-driving subsidiary it acquired in 2016. After spending nearly $10 billion over a decade to ...