Sources: The Bot Company, co-founded by ex-Cruise CEO Kyle Vogt to make AI-powered household robots, raised $150M at a $2B valuation, up from $550M in May 2024
Kyle Vogt, former CEO of self-driving car company Cruise, has raised $150 million in a new funding round led by Greenoaks …
California DMV: a total of 4.5M autonomous vehicle test miles were logged in 2024, down 50% YoY, with driverless testing falling 83% YoY to just 552,895 miles
1. Waymo is now a robotaxi operator in California, more than a tester. — 2. GM shut down Cruise. — I'd love to see a comparison of these 2024 numbers against other states and countries. … Forums: ...
Honda plans to dissolve a self-driving vehicle partnership with GM after GM announced plans to exit robotaxi development; Honda had invested $852M in Cruise
Shoya Okinaga / Nikkei Asia :
GM pulling the plug on Cruise's robotaxi experiment in favor of “privately owned” driverless cars is the beginning of a risky new phase for autonomous vehicles
Eight years and $10 billion later, GM has decided to pull the plug on its grand robotaxi experiment.
Sources: several Cruise employees say they were “surprised” and “blindsided” by GM's decision to end Cruise's robotaxi program and that they expect job cuts
The news came by Slack message. — Cruise CEO Marc Whitten, who took the top post in June …
GM says Cruise will exit the robotaxi business, combining Cruise's and GM's technical teams to focus on autonomous and driver safety tech for upcoming GM cars
Cruise and GM's technical teams will be combined into a single effort focused on developing autonomous technology to offer …
The US DOJ says Cruise admits to submitting a false report to influence an investigation into an October 2023 crash with a pedestrian and will pay a $500K fine
General Motors' (GM.N) self-driving car unit, Cruise, admitted on Thursday to submitting a false report to influence …
A look at the economics of Waymo's robot taxi business as its dominance has grown since Cruise pulled its fleet off the road
Eli Tan / New York Times :
Uber and GM's Cruise sign a “multiyear strategic partnership” to make Cruise's self-driving vehicles available to Uber riders from 2025 in an undisclosed city
You might have that option next year. — Uber and Cruise have signed a …
The NHTSA closes a preliminary probe into Cruise's hard-braking and immobilization issues in 1,194 autonomous ride-hailing vehicles, after Cruise made updates
The National Highway Traffic Safety Administration said it was closing its preliminary investigation into the hard braking …