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GM will no longer fund Cruise’s robotaxi development – The Robot Report
Listen to this article At the height of its success, Cruise was running robotaxi services in San Francisco, Austin, Houston, and Phoenix. | Source: Cruise General Motors Co. today announced that it will no longer fund Cruise LLC’s robotaxi deployment work. It cited long development times, high costs, and an increasingly competitive robotaxi market as the reasons behind its decision. Since acquiring the self-driving startup in 2016, GM has poured more than $10 billion of