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

byiShook Opinion
Dec 11, 2024 - 18:05

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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.

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