Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of Cruise’s shares in 2016 close to $10 billion. In September, Elshenawy, president and chief technologist of Cruise, threw a huge party for Cruise staffers that some read to be a sign that the company was moving forward.
GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
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Uber Opens Up Its Waymo Robotaxi Interest List in AustinUber is one step closer to letting customers hail a self-driving vehicle in Austin, Texas, through its app. The company on ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
Elon Musk had a lot to say about Tesla’s upcoming Robotaxi service on Wednesday. Robotaxi will be coming to Austin and other ...
Tesla CEO Elon Musk announced that a fully autonomous taxi service will debut in Austin, Texas, this June, ensuring people ...
Uber users in the Texas capital can now join an 'interest list' and get notified when Waymo's robotaxis hit the streets. Will ...
Uber is opening its "interest list" for riders in Austin, Texas, who want to try the Waymo robotaxi service there soon.
Soon, when Austinites pull up to a light between a Waymo and Tesla they might be the only person in a car. That's because ...
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