<ul><li>Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced its exit from the initiative.</li><li>The charge will result in a 9 cent reduction in Microsoft's earnings per share for the quarter ending Dec. 31.</li><li>GM will combine Cruise and its internal teams to develop autonomous and assisted driving technologies.</li><li>GM cited the need for considerable time and resources to scale the robotaxi business, and the increasing competition in the market, as reasons for its decision.</li></ul>

Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business

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