Microsoft will take an $800M hit over Cruise robotaxi shutdown

03:24 12.12.2024
GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s actions, according to a regulatory filing. Microsoft said the charge will be […] © 2024 TechCrunch. All rights reserved. For personal use only....
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