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GM dumps Cruise robotaxi plans
GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car
The end of Cruise is the beginning of a risky new phase for autonomous vehicles
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless rides at a national scale,” said Phil Koopman, a
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis for Cruise.
Microsoft will take $800 million charge on Cruise investment
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.
Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.
1h
on MSN
Forget cruise ships — Carnival is spending big on private island resorts
Carnival Corp is pouring more than $600 million into expanding its real estate portfolio, which includes a private island and ...
22h
Did Norwegian cancel your cruise for 2025, 2026? Here's why
Norwegian Cruise Line is working to replace several voyages after canceling winter cruises for 2025 and 2026. The reason for ...
6h
Top Russian Cruise Missile Maker Assassinated in Moscow: Reports
Mikhail Shatsky, a Russian engineer behind the X-59 and X-69 cruise missiles, was shot dead in the capital, according to ...
4h
on MSN
Uber Stock Is Rebounding Day After GM Scrapped Cruise Robotaxi Program
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
1d
on MSN
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
1d
The least environmentally friendly cruise companies ranked – with passenger favourites near bottom
Five cruise lines under the Carnival brand have been named by an eco group as the least environmentally friendly cruise ...
21h
Should Tesla Buy Cruise, And Other Strange Wonderings
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
1d
GM scraps Cruise's robotaxi service
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
Daily Express
1h
Famous cruise ship bigger than the Titanic to be sunk and abandoned for incredible reason
A legendary
cruise
ship bigger than the Titanic that has been left to rot for 30 years in Philadelphia could soon find its ...
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