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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 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
General Motors ‘Will No Longer Fund’ Autonomous Vehicle Company Cruise
It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway Traffic Safety Administration hit Cruise with a $1.5 million fine.
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.
GM to Retreat From Robotaxis and Stop Funding Its Cruise Autonomous Vehicle Unit
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit
Cruise employees ‘blindsided’ by GM’s decision to end robotaxi program, TC says
Several Cruise employees say they were “surprised” and “blindsided” by GM‘s decision to end Cruise’s robotaxi program and that they expect job
GM's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.
GM halts funding for Cruise robotaxi program
General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.
9h
With General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
16h
Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...
MacWorld on MSN
5h
The Apple Car is dead. Where does that leave Apple’s auto ambitions?
Macworld The ambitious Apple Car project, known internally as Project Titan, was cancelled earlier this year after almost a ...
Houston Public Media
19h
General Motors reportedly scraps autonomous vehicles months after Houston relaunch of Cruise
The move comes just months after Cruise announced it would restart testing operations in Houston after a staffing shakeup ...
1d
Cruise, SF's embattled self-driving car company, is finally folding after $10B in losses
Cruise's robotaxi service will officially be no more, as General Motors opted to pull the funding plug and move the ...
2d
on MSN
Why Baidu, Inc. (BIDU) Is Among the Best Autonomous Driving Stocks to Buy According to Hedge Funds
We recently compiled a list of the 10 Best Autonomous Driving Stocks To Buy According to Hedge Funds. In this article, we are ...
2d
Why Ford Motor (F) Is Among the Best Autonomous Driving Stocks to Buy According to Hedge Funds
We recently compiled a list of the 10 Best Autonomous Driving Stocks To Buy According to Hedge Funds. In this article, we are ...
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