GM's AI Chief Barak Turovsky Exits After Just 8 Months — Says 'Physical AI' Is As Exciting As LLMs - General Motors (NYSE:GM)

Group 1 - General Motors Co. AI Chief Barak Turovsky has resigned after only eight months in the role, indicating a shift in the company's focus on artificial intelligence [1][2] - Turovsky expressed excitement about physical AI, suggesting a potential pivot in technology focus within the industry [2] - GM is experiencing a pullback in its electric vehicle (EV) initiatives due to low market demand in the U.S., resulting in layoffs of over 3,400 workers across various EV-related facilities [3] Group 2 - The company recently incurred a $1.6 billion charge related to its EV efforts, which may have influenced its decision to scale back on electric vehicle production [3] - Despite the pullback, GM launched its most affordable EV, the Chevrolet Bolt EV, priced at approximately $29,000 in the U.S., indicating a continued commitment to the EV market [3] - GM's stock showed a nearly 1% increase to $71.00 at market close, although it slightly declined to $70.98 in after-hours trading, reflecting market reactions to the company's recent announcements [4]