Robotaxi pioneer Waymo raises $16 billion to accelerate expansion plans

$16 Billion for Waymo to Dominate the Robotaxi Market in the West - CleanTechnica

There’s no doubt about it — if you stopped time today, Waymo would be named the robotaxi winner outside of China, or certainly in the West. No other company compares in robotaxi deployment to date. Now, there are companies that think they can catch up, or whose chief aim is ... [continued] The post $16 Billion for Waymo to Dominate the Robotaxi Market in the West appeared first on CleanTechnica.

Robotaxi pioneer Waymo raises $16 billion to accelerate expansion plans

By MICHAEL LIEDTKE Robotaxi pioneer Waymo has raised another $16 billion to help fuel its ambition for its fleet of self-driving cars to provide rides throughout the world while other deep-pocketed rival services backed by Tesla and Amazon try to catch up. The fundraising announced Monday values Waymo at $126 billion. The appraisal underscores investors’ desire to own a piece of the rapidly expanding robotaxi market, as well as how far Waymo has…

When will Tesla give up on cars?

Thousands of miles behind Waymo, whose self-driving taxi cabs are so prolific as to have already entered into the realm of public nuisance, Tesla can't even tell the truth about its "Robotaxi." Musk recently promised investors that the Tesla self-driving taxi was entering "unsupervised" trials in Austin, Texas. — Read the rest The post When will Tesla give up on cars? appeared first on Boing Boing.

Waymo's World Domination Plans Just Got A $16 Billion Boost

Today on Critical Materials: Waymo gets $16 billion, SpaceX buys xAI and California's new EV tax credit starts to take shape.

Waymo’s $16B Raise Puts Pressure on TSLA

Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo just delivered a major wake-up call to the autonomous vehicle market. In one of the largest funding rounds in self-driving history, Waymo reportedly raised $16 billion, pushing its valuation to roughly $126 billion—nearly triple its value just 16 months earlier. The capital injection gives Waymo the resources to expand into more than 20 new cities, strengthen its fleet operations, and accelerate comm…

Waymo Expanding to 20+ Cities in 2026, Including Tokyo and London

Waymo is stepping on the accelerator.  Backed by a fresh $16 billion funding round, the self-driving car company says it is preparing for its biggest expansion yet, with plans to roll out ride-hailing services in more than 20 new cities worldwide in 2026. In a blog post published Monday, Waymo announced the new investment, which values the Alphabet-owned company at $126 billion post-money. The round was led by Dragoneer Investment Group, DST Glo…