General Motors is restructuring its self-driving taxi company Cruise in what amounts to an exit from the robotaxi business and a refocusing on improving driver-assistance technologies for everyday ...
When GM decided to retreat from the robotaxi business earlier this month, it had already poured $10 billion into Cruise.
GM exits the global robotaxi business, saving $1 billion annually, after investing $10 billion in Cruise since 2016. Competition from Waymo and Amazon, coupled with operational challenges ...
Jared Friedman, Y Combinator group partner and early angel investor in Cruise, told BI he spent 4% of his waking hours this ...
The man was trapped in the Waymo as it circled the parking lot, causing him to almost miss his flight home by five minutes ...
The models use the SEA platform that is also used by Volvo, Polestar, Smart, Lynk & Co, and Waymo. Zeekr developed a ...
Wall Street anticipates Alphabet's Google to continue its innovation streak in 2025, with key growth drivers including generative AI and autonomous driving. JPMorgan analyst reiterates Overweight ...
It is not only Detroit. Across the globe, legacy automakers are in the throes of a reckoning that comes as the guts of ...
GM's shutdown of Cruise was the end of an era for them, but robotaxis are roaring ahead in the U.S. and China — in sharply ...
The Detroit Three car manufacturer said it would “no longer fund Cruise’s robotaxi development work.” Jim Cramer Predicts Palantir Buying Surge Tonight After Morgan Stanley's Underweight ...