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The Latest Breaking News from Cruise

Exclusive: Causal Labs emerges from stealth, raises $5.5 million for AI weather prediction

The AI startup, founded by ex Cruise machine learning engineers, has raised $5.5 million in a round led by Kindred Ventures.

Fortune

Uber's CEO says no one wants to compete with Tesla—or Elon Musk

Tesla's Cybercab, or robo-taxi, was announced last October and is due to hit the roads in Texas this June as part of a trial roll-out.

Fortune

Do Wall Street Analysts Like Royal Caribbean Cruises Stock?

Royal Caribbean Cruises has been experiencing solid business momentum and has outpaced the broader market by a large margin. Observing this trend, analysts remain strongly bullish on the stock’s prospects.

Barchart

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Uber CEO says the company is 'well-positioned' on autonomous vehicles—but gains are still a long way off

Chief executive Dara Khosrowshahi said Uber was "well-positioned" as the autonomous-vehicle market heats up.

Fortune

Here's What Happened To That Nissan-Honda Merger

For decades, Nissan and Honda have competed with one another in just about every way possible, except for pickup trucks and motorcycles. That's why the world was shocked last year when the rivals announced a $60 billion plan to merge into one company in what was seen as the biggest…

InsideEVs

What Are Wall Street Analysts' Target Price for Norwegian Cruise Line Stock?

Norwegian Cruise Line has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

Tech’s 2024 winners and losers—from Elon Musk to GM’s Cruise

Elon Musk came out on top of the tech heap in 2024.

Fortune

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Will the future of transportation be robotaxis – or your own self-driving car?

GM is shutting down its robotaxi business, Tesla is creating one of its own – what does the future hold for self-driving?

The Guardian - US

Did General Motors Limit Its Future By Walking Away From Cruise?

There's a kind of big-picture way of looking at General Motors' decision to acquire, and less than a decade later, ultimately suspend, its Cruise robotaxi division: what are car companies supposed to be in the future?

InsideEVs

Uber Stock Regains Some Ground After CFO Commentary On Robotaxis, Demand

Uber stock bounced back from a Wednesday selloff after CFO Prashanth Mahendra-Rajah gave positive commentary.

Investors Business Daily

With General Motors pulling the plug on Cruise, every U.S. automaker except Tesla has called it quits on robotaxis

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk back those plans later.

Fortune

General Motors pulls plug on Cruise, its self-driving robotaxi company

The company said it would no longer fund the venture and will prioritize Super Cruise, its driver assistance program

The Guardian - US

Uber Stock Slides Again. Investors' Robotaxi Fears Grow After GM Shuts Down Cruise.

Uber stock took another hit Wednesday from investors with robotaxi jitters after GM said it would shut down Cruise.

Investors Business Daily

GM Falls Despite Robotaxi U-Turn. A Self-Driving Car Rival Soars.

GM exited Cruise robotaxis after sinking $10 billion into their development.

Investors Business Daily

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International Business Times

GM Abandons Robotaxi Operations Derailed By Accident

US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicized incident last year stymied its progress in the autonomous vehicle field.

International Business Times

General Motors Pulls The Plug On Cruise Robotaxi Program

General Motors announced Tuesday that it is slamming the brakes on its Cruise robotaxi program.

InsideEVs

Cruise Robotaxi Service Is Dead As GM Pivots

After a staggering $10 billion investment, General Motors is officially hitting the brakes on Cruise.

Fortune

General Motors to stop funding its Cruise robotaxi business

The automaker said it would combine Cruise’s and GM’s technical teams.

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The Independent UK

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

InsideEVs

China's 'Smart Cars' Are Coming For Tesla

Ah, self-driving. The promise of kicking back and letting your car do all of the heavy lifting from point-a to point-b while you doom scroll TikTok or pop a movie on Netflix. It's a wonderful reality we've been sold for years, but no company has made good on it despite…

InsideEVs

EV Stocks Plunge As Trump Plans To Kill Incentives

The news of the potential death of the consumer credits for electric vehicle sales is sending shockwaves across the U.S. auto industry. Share prices of EV makers, including Tesla, are plummeting, incumbent federal officials are ringing alarm bells and automakers are bracing for the incoming Trump administration with leadership changes…

International Business Times

GM's Self-Driving Cruise To Pay $500,000 Fine In Connection With Robotaxi Running Over Woman

The Justice Department revealed that Cruise will pay the fine as part of a deferred prosecution agreement.

Barchart

Norwegian Cruise Line Stock: Is Wall Street Bullish or Bearish?

Norwegian Cruise Line has considerably outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Top News

Waymo Expands Robotaxi Service In Los Angeles

Waymo's expansion of robotaxi service in Los Angeles signifies progress in self-driving technology and growth in the autonomous vehicle industry.

The Independent UK

Waymo's robotaxis now open to anyone who wants a driverless ride in Los Angeles

Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago

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