Reported about 1 month ago
Waymo, Alphabet Inc.'s autonomous vehicle division, has successfully raised $5.6 billion in its largest funding round to date, with investment led by its parent company, Alphabet, and participation from firms such as Andreessen Horowitz and Fidelity Investments. This funding will support Waymo's continued development of self-driving technology and its expansion into new markets, including a partnership with Uber for ride services. The company currently operates in several cities and has logged over 25 million miles with its autonomous fleet.
Source: YAHOO