gm cruise robotaxi news - Search News

GM, Robotaxi and Cruise

Hosted on MSN · 2h

GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its technology into its own vehicles’ autonomous driving features.

Detroit Free Press on MSN · 5h

GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars

GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis for Cruise.

U.S. News & World Report · 1d

GM to Retreat From Robotaxis and Stop Funding Its Cruise Autonomous Vehicle Unit

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit

Cruise, Microsoft and GM

TechCrunch · 19h

Microsoft will take an $800M hit over Cruise robotaxi shutdown

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority

Investopedia on MSN · 6h

Microsoft Expects $800M Impairment Charge After GM Axes Cruise Robotaxis

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in robotaxi startup Cruise after General Motors announced this week that it would halt the development of Cruise's autonomous vehicles.

winbuzzer.com · 6h

Microsoft Loses $800M With GM Cruise Robotaxi Shutdown

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

1hon MSN

RIP, Cruise robotaxi

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1d

GM Halts Cruise’s Robotaxi Development

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...

1don MSN

GM scraps Cruise's robotaxi service

GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...

1d

GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs

General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...

1d

GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business

GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive ...

4hon MSN

Uber Stock Is Rebounding Day After GM Scrapped Cruise Robotaxi Program

Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...

1d

Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

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