General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...

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 ...

Zheng Gao, an eight-year veteran at the Elon Musk-run automaker, is departing for rival robotaxi builder Zoox, the company ...

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

In fact, Ark Investment Management founder Cathie Wood believes Tesla stock is the biggest artificial intelligence (AI) play ...

Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...

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

The family of a driver who lost their life in a 2023 incident is suing Tesla, alleging that the company’s “fraudulent ...

Deutsche Bank stated in a letter following a meeting with the company’s head of investor relations that Tesla intends to ...

Pony AI's high R&D investment and industry partnerships are expected to drive innovation and long-term profitability. See why ...

After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...