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Why GM pulled the plug on Cruise after spending $10 billion on robotaxis

  • General Motors has decided to pull the plug on its self-driving venture, Cruise's robotaxi dreams.
  • The decision comes after Cruise's operations were halted when one of its driverless cars injured a pedestrian.
  • GM invested over $10 billion in Cruise since taking control in 2016, but faced challenges in the competitive market.
  • Instead of robotaxis, GM will now focus on advanced driver assistance systems that require driver supervision.

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