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Google’s owner Alphabet is investing another $5B into Waymo
Alphabet will be spending an extra $5 billion on its self-driving company Waymo, committing to a new 'multi-year investment.'
“This new round of funding, which is consistent with recent annual investment levels, will enable Waymo to continue to build the world’s leading autonomous driving technology company.” “We are grateful for their immense vote of confidence in our team and recognizing the amazing progress we’ve made with our technology, product, and commercialization efforts.” While the company was founded in 2009, the technology hasn’t yet expanded to all areas of the U.S., but upcoming projects and goals could point to the Waymo Driver becoming more commonplace throughout the country.
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