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Self-driving cars are slowly becoming less sci-fi and more real-world as companies like Waymo, the autonomous arm of Google's parent Alphabet, expand into more cities. On Friday, the city of New ...
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Alphabet's Waymo Tests New Robotaxi With 6th-Gen Autonomous Hardware As Self-Driving Race Heats Up
Waymo begins testing new Robotaxi with 6th generation AV hardware, including cameras, radars, LiDAR sensors, heaters, wipers, ...
Alphabet is backing Waymo with a $5 billion investment. Waymo has provided over 50,000 paid autonomous rides weekly in active areas, according to Alphabet. Meanwhile, Tesla is gearing up to ...
By spinning off Waymo, Alphabet may also be able to unlock a lot more value for itself and investors. Last year, Waymo was reportedly estimated to be worth more than $45 billion, based on a ...
Waymo is delivering well over 50,000 paid trips per week to customers, Alphabet CEO Sundar Pichai then said. However, the deployment of autonomous vehicles is not without concerns.
In 2020, Waymo raised $2.25 billion at a valuation of $30 billion. Before that, all the funding came from Alphabet, so we could assume that it had full ownership of Waymo.
Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds.
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