Self-driving
Waymo finished a funding round of $16 billion, which valued the company at $126 billion.
A dated step forward on the record · Company-reported
What the source says
“the company is now valued at $126 billion by investors”
What it means
Waymo, from Waymo (Alphabet), is at stage 5 of 5 on our ladder: regulator-cleared or mass market. Its stage is set by other milestones on its record; this one adds to the history. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: People working remotely can steer it or take over.
More on Waymo
- Waymo restarted its service in San Antonio, about five months after the flood pause.
- Waymo opened its service to the public in Las Vegas, its 15th market, after Nevada's Transportation Authority allowed up to 1,000 of its robotaxis there.
- Waymo opened its service in Denver, San Diego and Tampa, inviting riders a few at a time. That made 14 US cities.
- Waymo filed a recall with NHTSA for 3,871 vehicles because they could drive at speed into freeway construction zones. The fix is a software update.
- Waymo recalled about 3,800 robotaxis because they could drive into flooded roads, after one entered a flooded lane in San Antonio on 20 April.
- Waymo stopped service in San Antonio after one of its robotaxis was swept away in a flood.