By closing the Robotaxi subsidiary, GM aims to reduce its costs by one billion US dollars per year. GM has invested tens of billions in Cruise since 2016, with 1.7 billion US dollars in 2024 alone.

Waymo is logging more than 200,000 paid robotaxi rides every week, according to Alphabet CEO Sundar Pichai, who shared the ...

General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut down the segment in December. The layoffs comes nearly ...