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 ...
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 ...
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 ...
GM is winding down its Cruise robotaxi division and merging its technical teams to focus on autonomous technology for future GM vehicles. The decision comes after Cruise faced regulatory scrutiny ...
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 ...
I honestly thought I’d hate Microsoft’s controversial Recall feature and immediately disable it, but after using it for the ...
Microsoft announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle program. GM's decision, a reversal from earlier optimistic projections ...