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Grendelkhan
If Waymo meets its goal, it will double its earlier funding round: in October 2024, the firm secured $5.6 billion at a valuation of $45 billion. Simultaneously, Alphabet committed to investing $5 billion in Waymo as a component of a long-term initiative.
The ongoing discussions regarding a new funding round highlight Waymo's position as the frontrunner in the US robotaxi industry, according to CNBC. The business is diligently investing in growing its fleet and geographic presence. Alphabet's CEO Sundar Pichai announced that Waymo is expected to start providing a "substantial" boost to the tech firm's revenue as soon as 2027.
Waymo robotaxis can now be accessed in cities such as Austin, Texas, San Francisco, Phoenix, Atlanta, and Los Angeles. As reported by CNBC, the total of paid rides has approached around 450,000 each week.
source: cnbc.com
The ongoing discussions regarding a new funding round highlight Waymo's position as the frontrunner in the US robotaxi industry, according to CNBC. The business is diligently investing in growing its fleet and geographic presence. Alphabet's CEO Sundar Pichai announced that Waymo is expected to start providing a "substantial" boost to the tech firm's revenue as soon as 2027.
Waymo robotaxis can now be accessed in cities such as Austin, Texas, San Francisco, Phoenix, Atlanta, and Los Angeles. As reported by CNBC, the total of paid rides has approached around 450,000 each week.
source: cnbc.com
