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Valued at $30bn, Waymo considers its next move

into Waymo, Alphabet’s self-driving technology division, it brought strong validation for a decade of work. The deal valued Waymo at more than $30bn, according to people familiar with the transactions. Created in 2009 as Google’s driverless car project, the company has since amassed the biggest fleet in the industry, with more than 600 self-driving vehicles, as well as accumulating the most miles driven and offering the only true — albeit limited — “driverless” ride-hailing service. Read More...

into Waymo, Alphabet’s self-driving technology division, it brought strong validation for a decade of work. The deal valued Waymo at more than $30bn, according to people familiar with the transactions. Created in 2009 as Google’s driverless car project, the company has since amassed the biggest fleet in the industry, with more than 600 self-driving vehicles, as well as accumulating the most miles driven and offering the only true — albeit limited — “driverless” ride-hailing service.

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