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Leaked memo: Intel will shut down its automotive business and lay off "most" employees working in the unit, the latest step in Intel's downsizing (Mike Rogoway/Oregonian)

Mike Rogoway / Oregonian : Leaked memo: Intel will shut down its automotive business and lay off “most” employees working in the unit, th...

30 January 2024

GM plans to cut Cruise spending by half in 2024, or by ~$1B, but remains committed to the self-driving unit and will "soon" give a timeline to resume operations (Reuters)

Reuters:
GM plans to cut Cruise spending by half in 2024, or by ~$1B, but remains committed to the self-driving unit and will “soon” give a timeline to resume operations  —  General Motors (GM.N) said Tuesday it is cutting spending in half on troubled robotaxi unit Cruise …

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