Tag Archives: Robotaxi

GM is pulling the funding for its Cruise robotaxi company

GM said it will fold Cruise employees into existing teams. It’s unclear if there will be layoffs. BY Jessica Bursztynsky General Motors is pulling funding from robotaxi company Cruise in order to focus on its own autonomous and assisted-driving systems. “Consistent with GM’s capital allocation priorities, GM will no longer fund Cruise’s robotaxi development work given … Continue reading GM is pulling the funding for its Cruise robotaxi company

Cruise puts robotaxi operations on pause following California license suspension

Cruise puts robotaxi operations on pause following California license suspension The company says it’s looking to ‘rebuild public trust.’ Mariella Moon   Updated Fri, Oct 27, 2023 ASSOCIATED PRESS Cruise has paused all its driverless operations, the company has announced on LinkedIn and X. The GM-backed self-driving firm explained that it’s taking time to examine … Continue reading Cruise puts robotaxi operations on pause following California license suspension