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 ...
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
The autonomous driving industry is, along with machine learning and image processing, one of the earliest adopters of artificial intelligence.
We recently compiled a list of the 10 Best Autonomous Driving Stocks To Buy According to Hedge Funds. In this article, we are ...
General Motors Co. announced today that its Cruise self-driving car unit is exiting the robotaxi business as part of a ...
GM even announced plans for Cruise to generate $1 billion in annual revenue by 2025, but it scaled back spending on the ...
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.
Instead, the Detroit car maker will focus on development of partially automated driver-assist systems such as its Super ...