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
GM to exit loss-making Cruise robotaxi business
General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest U.S. automaker which had made the advanced technology unit a top priority.
How GM’s self-driving strategy is evolving as it gives up on Cruise business
General Motors has bailed on its Cruise robotaxis, citing the amount of time and resources needed to scale the business and an “increasingly competitive” market for autonomous vehicles.
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 ...
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 ...
Houston Public Media13h
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 ...
Tesla's $30,000 Car May Not Be Dead After All, New Report Suggests
Elon Musk has claimed a human-driven sub-$40K model isn't happening, but a report from Deutsche Bank suggests otherwise. It ...
10 Best Autonomous Driving Stocks To Buy According to Hedge Funds
The vision of fleets of driverless cars seamlessly transporting passengers has captivated consumers and driven billions in ...
Man vs machine: can a race car powered by AI beat a professional driver?
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Nvidia increases headcount in China to boost AI-driven car technology - report
Chip maker Nvidia (NASDAQ:NVDA) has significantly increased its headcount in China this year, with a focus on enhancing its ...
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