General Motors and Nvidia team up to revive its self-driving prospects
The partnership is also set on streamlining manufacturing and developing robots.
On December 10, General Motors (GM) made a shocking announcement that would help protect its business interests.
The Detroit giant announced that it would shut down Cruise, its robotaxi business, which operated in several U.S. cities, including San Francisco, Phoenix, Dallas, and Houston. It noted that the prohibitively expensive technology development costs dissuaded the automaker from wanting to continue.
"We looked at the amount of money to deploy a robotaxi business and to maintain that business and grow it, it's quite a bit of capital," GM CEO Mary Barra told analysts. "A robotaxi business is not GM's core business."
