Microsoft Expects $800M Impairment Charge After GM Axes Cruise Robotaxis
Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...
winbuzzer.com17m
Microsoft Loses $800M With GM Cruise Robotaxi Shutdown
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
GM Halts Cruise’s Robotaxi Development
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
electronics360.globalspec9m
GM scuttles tumultuous robotaxi business
Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
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 ...
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
The Cruise founder Kyle Vogt criticized GM's decision to pull robotaxi funding.GM's decision to divest from Cruise comes as ...