Tesla and Waymo defend safety of self‑driving cars
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The new valuation is more than double what Waymo notched after its last funding round in October 2024. That was a series C round of $5.6 billion at a $45 billion valuation. Alphabet committed $5 billion in a multiyear investment to Waymo at the time.
The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion.
Riding in a driverless taxi such as a WAYMO requires one to suspend his or her disbelief that the thing won’t crash. Actually our ride was quite pleasant, thank you.
During one of the American-Statesman's Tesla robotaxi rides, the safety monitor intervened as the vehicle navigated traffic and construction.
With the same level of ease as ordering an Uber or Lyft, Oregonians may soon be able to ride in self-driving cars or get their groceries delivered by a fully autonomous vehicle if a bill in the Legislature advances.
The new round, the biggest in the Alphabet unit’s history, values the company at $126 billion — with much of it coming from its parent.
Waymo announced a $16 billion investment round aimed at bringing its robotaxi business to more US cities, as well as some overseas markets. The funding round was led by Dragoneer Investment Group, a “crossover” firm known for investing in late-stage tech companies before they go public.
A Waymo taxi strikes a child in Santa Monica, triggering a federal probe. Plus, Josh D'Amaro is Disney's next CEO. Watch the full breakdown here.
Feb 2 (Reuters) - Alphabet unit Waymo said it had raised $16 billion in its latest fundraising round that valued the self-driving car startup at $126 billion, nearly tripling its valuation in less than two years.
A Waymo autonomous vehicle hit a child near a Santa Monica, California, school, prompting an NHTSA probe focusing on self-driving cars.