Waymo may have outlasted Cruise to lead the U.S. market, but domestic competitors are working to catch up, too — most notably ...
In the U.S., four robotaxi companies have been leading the way: Cruise, Motional, Waymo, and Zoox. (While Tesla is worth ...
Jared Friedman, Y Combinator group partner and early angel investor in Cruise, told BI he spent 4% of his waking hours this ...
General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest US automaker which had made the advanced ...
General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus its spending on autonomous vehicle development specifically for personally owned vehicles. Now Cruise ...
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed ...
The end of GM's self-driving, ride-sharing technology venture leaves a gap in the autonomous driving (AV) market. While Tesla ...
Microsoft Corp. on late Wednesday warned investors that it will be taking a $800 million charge related to its investment in General Motors Co.’s Cruise robotaxi unit. Microsoft MSFT and others ...
General Motors will no longer fund Cruise. GM says launching and maintaining a Robotaxi network is not something that it is interested in doing. The automaker intends to roll Cruise's commercial ...
GM's most recent change came Tuesday when the automaker announced it would walk away from the billions of dollars it invested in Cruise's robotaxi fleet development since 2016 to instead focus on ...