Waymo, the self-driving taxi unit of Alphabet Inc., has secured a $5 billion investment from its parent company, as announced by Alphabet CFO Ruth Porat during the firm’s second-quarter earnings call for 2024. This new multi-year investment reflects Alphabet’s continued confidence in Waymo’s progress and its role in advancing autonomous driving technology. “This new round … Continue reading Waymo Receives $5 Billion Investment from Alphabet to Advance Autonomous Driving