Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi Program

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor’s now-scrapped robotaxi program Cruise.

Dec 11, 2024 - 21:00
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Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor’s now-scrapped robotaxi program Cruise.