Topic: Cruise

News

General Motors Purchases SoftBank Vision Fund’s Stake in Self Driving Company Cruise for $2.1B

March 21, 2022 · SoftBank Vision Fund has sold its stake in Cruise to General Motors four years after initially investing in the self-driving vehicle developer.

News

Cruise to Get $1.35B More From SoftBank to Commercialize Autonomous Vehicles

February 2, 2022 · Cruise, which marked a milestone in autonomous vehicle operations after a delay, will receive the second tranche of investment from the SoftBank Vision Fund.

News

Top 10 Robotics Transactions of April 2021

May 3, 2021 · Even not including the largest deals in AI and autonomous vehicles from April 2021, the month still featured multimillion-dollar transactions in exoskeletons, delivery robots, and surgical systems.

News

Walmart Joins $750M Investment in Autonomous Vehicle Firm Cruise

April 15, 2021 · Cruise, which has been developing autonomous vehicles with General Motors, has raised its valuation to $30 billion.

News

Top 10 Robotics and Automation Transactions in Q1 2021

April 5, 2021 · From autonomous trucks and aerial drones to mobile robots, companies across robotics and automation obtained funding in the first quarter.

Editors' Picks

From AI Agents to Robot Action: Building the Edge Architecture for Physical AI
From AI Agents to Robot Action: Building the Edge Architecture for Physical AI

Edge computing gives AI agents the processing power to turn instructions into…

OSARO SightWorks advances AI-powered robotic picking and packing
OSARO SightWorks advances AI-powered robotic picking and packing

Platform helps robots adapt to complex tasks