Cruise

Cruise Plans to Resume Robotaxi Service in One City 
Cruise Plans to Resume Robotaxi Service in One City 
November 22, 2023  |  Transportation

Cruise, the autonomous vehicle unit of General Motors, is reportedly planning to resume its robotaxi service with a more focused approach.  After facing safety mishaps and regulatory scrutiny,...

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Robotaxis Ready to Become a Reality in San Francisco
Robotaxis Ready to Become a Reality in San Francisco
August 16, 2023  |  Technology

Paid, driverless taxis are set to become a regular part of life in San Francisco. As Bloomberg News reported Wednesday (Aug. 16), Waymo and Cruise recently received permission from California regulators...

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GM Buys Out SoftBank to Get 80% of Self-Driving Startup Cruise
GM Buys Out SoftBank to Get 80% of Self-Driving Startup Cruise
March 20, 2022  |  Acquisitions

General Motors has bought out SoftBank Vision Fund 1’s stake in Cruise, a self-driving startup, for $2.1 billion, Bloomberg reported Friday (March 18). SoftBank now...

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Driverless Car Startups Won’t Wait for Regulators to Take Action
Driverless Car Startups Won’t Wait for Regulators to Take Action
February 02, 2022  |  Transportation

Don’t be surprised if you see a self-driving car in San Francisco.  Cruise, the driverless car company, has received an additional $1.35 billion investment from...

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Whole Paycheck Report: Prime Day Speculation, Bezos Signs Off And Walmart Goes Electric
Whole Paycheck Report: Prime Day Speculation, Bezos Signs Off And Walmart Goes Electric
April 16, 2021  |  Walmart Amazon whole paycheck

It’s springtime. With the events of last year’s pandemic terror still fresh in mind, it’s easy to forget there’s a major event to speculate about...

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Walmart Backs Electric Vehicle Company Cruise
Walmart Backs Electric Vehicle Company Cruise
April 15, 2021  |  Investments

Walmart has invested in San Francisco-based Cruise, which is working on an all-electric fleet of self-driving cars, according to a press release. Walmart said it...

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GM Subsidiary Cruise Acquires Self-Driving Car Startup Voyage
GM Subsidiary Cruise Acquires Self-Driving Car Startup Voyage
March 15, 2021  |  Partnerships / Acquisitions

Cruise, a majority-owned subsidiary of General Motors (GM), has scooped up self-driving vehicle startup Voyage, according to a blog post on Monday (March 15). The...

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Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
January 19, 2021  |  Investments

Microsoft is participating in a new $2 billion equity funding round for self-driving carmaker Cruise, bringing the startup’s post-money valuation to $30 billion. Other participants...

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Walmart Teams With GM’s Cruise For Driverless Deliveries
Walmart Teams With GM’s Cruise For Driverless Deliveries
November 10, 2020  |  Walmart

Automated delivery via driverless cars may be just around the corner for a few Walmart customers early next year in the Scottsdale area. Walmart said...

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