Recent events
Recent events tied to this brand in public sources.
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2022
Cruise expands Walmart delivery pilot to Chandler
Cruise expanded its autonomous delivery pilot with Walmart in Arizona to include limited customer deliveries in Chandler, in addition to Scottsdale.
2022
General Motors to acquire SoftBank's stake in Cruise
General Motors announced it would acquire SoftBank's stake in Cruise for $2.1 billion and replace the additional $1.35 billion investment SoftBank Vision Fund had committed to Cruise. GM said its total investment would be $3.45 billion, and it would own about 80% of Cruise after the transaction closes.
2022
Cruise announces additional $1.35 billion in funding
Cruise announced that it had raised an additional $1.35 billion in funding from existing investor SoftBank to help scale its service.
2021
Wesley Bush to join Cruise Board
GM announced that Wesley Bush, a GM board member and former Northrop Grumman chairman and CEO, would join the Cruise Board.
2021
Cruise announces CEO Dan Ammann's departure
Cruise announced that CEO Dan Ammann was leaving the self-driving car company. The company did not state when he was leaving or why.
2021
Kyle Vogt named interim Cruise CEO
Cruise President and CTO Kyle Vogt will serve as interim CEO following Dan Ammann's departure.
2021
Cruise launches driverless robotaxi service in San Francisco
Cruise launched driverless autonomous vehicles in San Francisco for rides by employees and certain members of the public, who would not be charged a fare.
2021
GM sues Ford over BlueCruise branding
General Motors filed a lawsuit against Ford over BlueCruise branding, alleging trademark infringement and unfair competition involving GM subsidiary Cruise and its Super Cruise software. Ford called GM Cruise's claim meritless and frivolous.
2021
Walmart announces participation in Cruise funding round
Walmart announced that it would join the funding round initiated by Cruise in January. The article says the round's size increased to $2.75 billion after Walmart and other institutions joined.
2021
Cruise acquires Voyage
Voyage, an autonomous vehicle startup, was acquired by Cruise. Financial terms were not disclosed; the majority of Voyage’s team was to move to Cruise.
2021
GM, Cruise and Microsoft announce strategic relationship
General Motors announced an alliance with Microsoft on its Cruise autonomous-driving venture. Microsoft joined GM, Cruise, Honda and institutional investors in a new $2 billion equity investment round and will provide GM with hardware and software engineering support.
2021
Microsoft joins investment in Cruise
Microsoft joined General Motors, Honda and other institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing Cruise's valuation to about $30 billion.
2021
Microsoft and Cruise enter strategic cloud partnership
Microsoft and Cruise announced a long-term, non-exclusive strategic relationship. Cruise will use Microsoft Azure to help commercialize autonomous vehicles, while Microsoft will use the relationship to expand in transportation.
2021
Cruise receives $2 billion equity investment
Cruise received a new $2 billion equity investment involving Microsoft, Honda and GM, bringing the autonomous-vehicle company’s valuation to $30 billion.
2021
GM and Microsoft partner on autonomous vehicles
General Motors and Microsoft announced a partnership under which Microsoft's Azure cloud and edge computing platform would be used to commercialize Cruise's autonomous vehicle solutions at scale.
2021
Cruise, GM, and Microsoft form autonomous-vehicle partnership
Cruise and GM entered a long-term strategic relationship with Microsoft to accelerate commercialization of autonomous vehicles. Cruise will use Microsoft Azure, and GM named Microsoft its preferred cloud provider.
2020
Cruise acquires Astyx
Cruise acquired German radar company Astyx. The source does not specify when the acquisition occurred.
2020
Cruise announces layoffs affecting 160 employees
Cruise announced layoffs of 160 employees, about 8% of its workforce; the stated targets were mainly employees in non-research and development departments, including its lidar engineering department in Pasadena, Los Angeles.
2020
Cruise confirms workforce cuts
Cruise confirmed it would cut 160 jobs, or eight percent of its workforce. GM chief Mary Barra said the cuts would not involve technical staff dedicated to developing self-driving vehicles.
2020
Cruise plans to unveil its first driverless vehicle
According to people familiar with the matter, Cruise planned to unveil its first driverless vehicle at an event in San Francisco on Tuesday, January 21, 2020. The planned vehicle has no pedals or steering wheel.