The profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political ...

The Artificial Intelligence in Sport report gives you an in-depth insight into the impact of AI in sport, including key players, challenges, and <a ...

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 ...

Research analyst skeptical of Innoviz's outlook due to unreliable forecasts, limited partnerships, and ongoing need for ...

A few days ago, GM announced that it would stop funding the Cruise division that it acquired in 2016. They had reportedly been having issues since the announcement of their Origin taxies in 2022 ...

Microsoft (MSFT) will lose $800 million from its investment in GM’s Cruise. GM will save $1 billion annually but it loses $2.4 billion in its investment.

Out with the old, and in with the new. From the Ring Car Cam and Fossil smartwatches to ICQ and Twitter's 'like' tab, this is ...

But experts say bowing out is the right choice for the embattled Cruise. The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to ...

And for all the necessary and overdue talk about reining in the power of Big Tech, the ability to hit significant new ...

Tumultuous Stretch As GM nurtured Cruise after buying it for $1.1 billion in 2016, it attracted billions in additional investment from Softbank Vision Fund, Honda Motor Co., Microsoft Corp ...

General Motors, which owns about 90% of Cruise, revealed plans to increase its stake to over 97% by buying back shares from other minority investors, including Microsoft, Walmart, SoftBank, T. Rowe ...

Generative AI applications such as OpenAI’s ChatGPT, Google’s Bard or Microsoft’s Bing started being widely adopted in late 2022, sparking sudden mainstream interest in the potential capabilities of ...