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
GM shuts down robotaxi project to focus on autonomous vehicles
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully autonomous personal vehicles. Cruise, GM’s self-driving car subsidiary, will be combined with the automaker’s own team to form a single unit focused on autonomous driving.
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 to quit robotaxi business and stop funding its Cruise autonomous vehicle unit
The car manufacturer will instead concentrate on developing partially automated driver-assist systems for personal vehicles
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's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.
GM halts funding for Cruise robotaxi program
General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.
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 ...
10 Best Autonomous Driving Stocks To Buy According to Hedge Funds
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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 ...
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Autonomous vehicle safety: A driverless car’s brain trains on sensors. but what if they need replacing?
Devices called encoders, located inside the sensors on autonomous cars, convert motion and other information acquired on the ...
Why Ford Motor (F) 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 ...
Watch world’s first self-driving car dubbed ‘absurd’ by its OWN inventor hit the road in incredible unearthed footage
WATCH the incredible unearthed footage that shows the world’s first autonomous car in action, and it’s not one of Elon Musk’s Teslas. Decades before self-driving cars were ...