Alphabet’s Waymo Secures $5.6 Billion To Broaden Self-Driving Services
26 Oct 2024 12:20 PM IST
Waymo has closed a $5.6 billion funding round led by Alphabet to enhance its autonomous ride-hailing service. The investment, joined by notable investors, will help expand operations in cities like San Francisco, Phoenix, Los Angeles, Austin, and Atlanta. The self-driving sector faces increasing competition and regulatory challenges.