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 ...
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General Motors
General Motors, founded in 1908, was the second-largest automaker by revenue in the U.S. in 2023. It manufactures cars, trucks, SUVs, crossovers, and commercial vehicles, for its Buick, Cadillac ...
Meta Is Looking to Get Into the AI Humanoid Robot Business
Facebook’s parent company Meta Platforms has moved beyond trying to connect humans and is ready to focus on building robotic ...
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Cruise cuts 50% of staff after integration with GM
General Motors’ (NYSE:GM) Cruise division is letting go of 50% of its staff, including the CEO and other top executives – as the robotaxi division is absorbed into the parent company ...
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General Motors Company (GM)
In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against the other automotive stocks. The automotive sector is navigating a complex and uncertain ...
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General Motors' GM Financial resubmits ILC application
The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...