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- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
California DMV probes GM's Cruise robotaxi following crash
August 21, 2023 11:20 AM EDTThe California Department of Motor Vehicles (DMV) announced Friday that the state auto regulator has opened an investigation into recent concerning incidents surrounding General Motors (NYSE: GM) Cruise autonomous vehicle unit. The DMV has also asked that GM remove half of their robotaxis from service while the investigation is under way.
The statement from the California DMV follows an incident involving a Cruise robotaxi and an emergency vehicle in San Francisco late on Thursday, the latest accident involving the self-driving cars.
"The DMV reserves the right,... More
