The profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political ...
Haven’t looked back. When General Motors announced earlier this month their subsidiary Cruise is being shut down, it marked ...
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 ...
General Motors says it will retreat from robotaxis “given the considerable time and resources would be needed to scale the ...
Even in the frenzy of electoral politics, 2024 was a year where the future wasn’t just discussed, but actively built and ...
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 ...
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 ...