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

While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...

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

I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...

GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.

After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...

After spending the past two years in OpenAI’s shadow and being viewed as an AI laggard, Alphabet is changing the narrative. We sell different types of products and services to both investment ...

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...

General Motors announced this week that it will no longer pursue the Cruise robotaxi business. (Cruise Photo) Microsoft will take an $800 million charge ...

In terms of per-share earnings, the charge will be a hit of around 9 cents a share to Microsoft's fiscal second-quarter EPS. The FactSet analyst consensus calls for EPS of $3.15 for Microsoft, which ...

Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative.

General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...