General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
Autonomous-driving operations at Cruise look certain to end after its main backer, General Motors, said it will stop funding the initiative.
A GM spokesperson said the company sees greater business potential in personal vehicle autonomy than in building a robotaxi ...
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General Motors Co. announced today that its Cruise self-driving car unit is exiting the robotaxi business as part of a ...
The autonomous driving industry is, along with machine learning and image processing, one of the earliest adopters of artificial intelligence.
GM even announced plans for Cruise to generate $1 billion in annual revenue by 2025, but it scaled back spending on the ...
Instead, the Detroit car maker will focus on development of partially automated driver-assist systems such as its Super ...
The decision to shut down GM subsidiary Cruise is a major blow to an automaker that was once seen as a leader in autonomous-driving technology.
Musk-Trump ties and autonomous driving growth, along with Elon Musk's confidence, increase Tesla stock's appeal for next year ...
General Motors is pulling the plug on its efforts to develop a fleet of driverless taxis and will focus on driver-assistance ...