Tesla and Waymo defend safety of self‑driving cars
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Senate lawmakers questioned executives from Tesla and Waymo, and grilled Waymo's chief safety officer over Chinese cars and foreign workers.
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.
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.
Waymo just closed a $16 billion funding round at a $126 billion valuation, the largest investment ever in an autonomous vehicle company. The Alphabet-backed robotaxi leader plans to use the capital to expand to over 20 new cities this year, including its first international markets.
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.
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.
A Waymo autonomous vehicle hit a child near a Santa Monica, California, school, prompting an NHTSA probe focusing on self-driving cars.