Tag #Autonomous Vehicles

Showing 133 to 143 of 143 results

bbc.com

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Dec 11, 04:10

GM Halts Funding for Cruise Self-Driving Taxi Project

General Motors announced it is ending funding for its Cruise self-driving taxi project due to the competitive market and resource demands, shifting focus to autonomous personal vehicles; this follows a series of setbacks including job cuts, safety incidents, and a criminal investigation.

GM Halts Funding for Cruise Self-Driving Taxi Project

General Motors announced it is ending funding for its Cruise self-driving taxi project due to the competitive market and resource demands, shifting focus to autonomous personal vehicles; this follows a series of setbacks including job cuts, safety incidents, and a criminal investigation.

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Industry, Innovation, and Infrastructure

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How did safety incidents and regulatory issues contribute to GM's decision?

GM's decision highlights challenges in the autonomous vehicle sector. The intense competition from companies like Tesla, Waymo, and Amazon, coupled with the significant financial investment needed, makes profitability uncertain. Cruise's safety issues and subsequent investigation further exacerbated these difficulties.

cnbc.com

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Dec 11, 16:09

CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook

Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.

CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook

Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.

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Decent Work and Economic Growth

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What are the immediate market implications of the November CPI report and how might it influence the Federal Reserve's actions?

Wall Street anticipates a positive opening following November's CPI report, which met expectations: headline CPI rose 0.3% month-over-month and 2.7% annually; core CPI increased 3.3% year-over-year. Traders expect this data to prompt another Federal Reserve rate cut next week. General Motors discontinued its Cruise autonomous ride-hailing service, integrating it into its technology division to concentrate on personal autonomous vehicle development, citing intense robotaxi competition.

cnbc.com

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Dec 10, 04:08

"Tesla Faces Lawsuit Over Fatal Autopilot Crash, Case Moved to Federal Court"

"The family of Genesis Mendoza-Martinez, who died in a 2023 Tesla Autopilot crash, is suing Tesla for fraudulent misrepresentation, alleging that misleading marketing of the Autopilot system contributed to the fatal collision. The case, initially in state court, has been moved to federal court, incr...

"Tesla Faces Lawsuit Over Fatal Autopilot Crash, Case Moved to Federal Court"

"The family of Genesis Mendoza-Martinez, who died in a 2023 Tesla Autopilot crash, is suing Tesla for fraudulent misrepresentation, alleging that misleading marketing of the Autopilot system contributed to the fatal collision. The case, initially in state court, has been moved to federal court, incr...

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"What are the immediate consequences of this lawsuit for Tesla, considering the higher burden of proof in federal court and the precedent it might set for similar cases?"

"Tesla is facing a lawsuit from the family of Genesis Mendoza-Martinez, who died in a 2023 Autopilot-involved crash. The family alleges Tesla's misrepresentation of Autopilot's capabilities contributed to the collision, resulting in the driver's death and serious injury to a passenger. The case, initially filed in state court, has been moved to federal court, where the burden of proof for fraud claims is higher.",

dailymail.co.uk

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Nov 19, 04:03

Tesla Stock Soars on Trump's Autonomous Vehicle Plans

Tesla's stock price surged due to news suggesting that the Trump administration will prioritize the development of self-driving car regulations, benefiting Elon Musk and Tesla.

Tesla Stock Soars on Trump's Autonomous Vehicle Plans

Tesla's stock price surged due to news suggesting that the Trump administration will prioritize the development of self-driving car regulations, benefiting Elon Musk and Tesla.

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What prompted the surge in Tesla's stock price?

Tesla stock surged significantly following reports that the incoming Trump administration plans to prioritize autonomous vehicle regulations.

it.euronews.com

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Nov 11, 07:04

AI-Powered Personalized Driving Experience

The future of driving in Europe will be defined by AI-powered personalized experiences, optimizing commute time through customized recommendations and services.

AI-Powered Personalized Driving Experience

The future of driving in Europe will be defined by AI-powered personalized experiences, optimizing commute time through customized recommendations and services.

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How is a personalized driving experience presented?

A personalized driving experience uses AI and in-car sensors to gather data about the driver and passengers, including personal information and moods, to provide customized recommendations and services.

cnbc.com

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Nov 5, 13:17

DeepRoute.ai: \$100M Funding and AI-Powered Autonomous Driving

Chinese autonomous driving startup DeepRoute.ai secures \$100 million in funding, partners with Nvidia, and adopts a map-less AI approach.

DeepRoute.ai: \$100M Funding and AI-Powered Autonomous Driving

Chinese autonomous driving startup DeepRoute.ai secures \$100 million in funding, partners with Nvidia, and adopts a map-less AI approach.

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What is DeepRoute.ai and what recent funding did it receive?

DeepRoute.ai, a Chinese autonomous driving startup, secured a \$100 million funding round led by Great Wall Motor, highlighting the company's progress and strategic partnerships.

sueddeutsche.de

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Dec 11, 13:07

Cruise's San Francisco Accident Halts Autonomous Vehicle Expansion

A fatal accident involving a Cruise autonomous vehicle in San Francisco led to the revocation of its operating license and exposed challenges in the autonomous driving industry, while Tesla's planned entry with a camera-only system and potential regulatory advantages adds another layer of complexity...

Cruise's San Francisco Accident Halts Autonomous Vehicle Expansion

A fatal accident involving a Cruise autonomous vehicle in San Francisco led to the revocation of its operating license and exposed challenges in the autonomous driving industry, while Tesla's planned entry with a camera-only system and potential regulatory advantages adds another layer of complexity...

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Sustainable Cities and Communities

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What were the immediate consequences of the Cruise autonomous vehicle accident in San Francisco?

"Cruise", GM's autonomous vehicle subsidiary, ceased operations in San Francisco after a fatal accident involving one of its driverless cars. The accident resulted in the revocation of Cruise's operating license and a significant setback for the company's ambitious expansion plans, which had already cost approximately \$10 billion. The incident highlights the challenges and risks associated with deploying fully autonomous vehicles.

forbes.com

🌐 75% Global Worthiness

Dec 11, 19:12

GM Shifts from Robotaxis to ADAS, Highlighting Challenges in Autonomous Vehicle Economics

General Motors' decision to halt funding for its Cruise robotaxi unit and instead focus on advanced driver-assist systems (ADAS) reflects the industry's growing skepticism toward the robotaxi business model's profitability after over \$10 billion in investment.

GM Shifts from Robotaxis to ADAS, Highlighting Challenges in Autonomous Vehicle Economics

General Motors' decision to halt funding for its Cruise robotaxi unit and instead focus on advanced driver-assist systems (ADAS) reflects the industry's growing skepticism toward the robotaxi business model's profitability after over \$10 billion in investment.

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Reduced Inequality

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What are the immediate financial and strategic implications of GM's decision to abandon its Cruise robotaxi investment?

GM's shift from Cruise's robotaxi focus to ADAS reflects the challenging unit economics of robotaxis. Years of development and over \$10 billion in investment yielded limited returns, highlighting the high costs involved in driverless technology. This decision marks a significant setback for the robotaxi business model, impacting investor confidence and future investment.

abcnews.go.com

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Dec 5, 22:09

Waymo Expands Robotaxi Service to Miami, Outpacing Rivals

Waymo plans to launch a driverless robotaxi service in Miami by 2026, expanding its operations beyond Los Angeles, Phoenix, and San Francisco, while rival Cruise faces setbacks after a serious accident.

Waymo Expands Robotaxi Service to Miami, Outpacing Rivals

Waymo plans to launch a driverless robotaxi service in Miami by 2026, expanding its operations beyond Los Angeles, Phoenix, and San Francisco, while rival Cruise faces setbacks after a serious accident.

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Sustainable Cities and Communities

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How is Waymo managing its operational expansion and what are the key partnerships involved?

Waymo's expansion strategy involves partnerships, such as its collaboration with Uber and Moove. The partnership with Moove, a fleet management service, will support Waymo's maintenance operations in Phoenix and Miami. This strategic approach enables efficient scaling and expansion into new markets.

theglobeandmail.com

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Nov 12, 19:08

Waymo Opens Robotaxi Service to All in Los Angeles

Waymo expands its robotaxi service to all Los Angeles residents, highlighting the growth and competition in the autonomous vehicle market.

Waymo Opens Robotaxi Service to All in Los Angeles

Waymo expands its robotaxi service to all Los Angeles residents, highlighting the growth and competition in the autonomous vehicle market.

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What is the key announcement regarding Waymo's robotaxi service?

Waymo's robotaxi service is now available to the public in Los Angeles, covering an 80-square-mile area. This expansion follows a limited launch eight months prior and marks a significant milestone for the company.

cnbc.com

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Nov 5, 13:06

Waymo & Cruise vs. Tesla: Autonomous Driving Investment

Comparing investment opportunities in autonomous driving: Waymo, Cruise, and Tesla. A pairs trade strategy using options is proposed.

Waymo & Cruise vs. Tesla: Autonomous Driving Investment

Comparing investment opportunities in autonomous driving: Waymo, Cruise, and Tesla. A pairs trade strategy using options is proposed.

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How do the regulatory strategies of Waymo/Cruise compare to Tesla's approach?

Waymo's cautious expansion strategy and Cruise's renewed focus on safety and regulatory compliance position them favorably compared to Tesla's more aggressive approach.

Showing 133 to 143 of 143 results