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.
General Motors Co. announced today that its Cruise self-driving car unit is exiting the robotaxi business as part of a ...
We recently compiled a list of the 10 Best Autonomous Driving Stocks To Buy According to Hedge Funds. In this article, we are ...
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.