Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...
Microsoft plans to take an $800 million charge after General Motors said it was shutting down its autonomous taxi initiative.
Microsoft announced its minority investment in January 2021, joining Honda and other institutional investors. All told, the ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...
Microsoft is set to take an $800 million hit due to General Motors’ decision to shut down its self-driving car subsidiary, ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
General Motors' decision to ditch its Cruise self-driving taxi company will cost minority stakeholder Microsoft $800 million.
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
Tumultuous Stretch As GM nurtured Cruise after buying it for $1.1 billion in 2016, it attracted billions in additional ...
Shares in software provider ServiceTitan have closed their debut up 42 per cent in New York, wrapping up the US calendar for ...
Scale AI, a San Francisco tech startup worth $13.8 billion, was sued Tuesday and accused of exploiting and misclassifying ...