Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...