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

General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.

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 ...

General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others ...

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

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

GM has scrapped plans to develop a self-driving taxi business and is restructuring its approach to the development of ...

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

US auto giant General Motors announced Dec 10 it will abandon its robotaxi development efforts after a highly publicised ...

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

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...