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Waymo expands first external investment round to $3 billion

Waymo has added an additional $750 million to the $2.25 billion funding round that it first announced in March, bringing the total size of the financing (its first from investors outside of Alphabet) to $3 billion. The extension comes from new investors including those managed by T. Rowe Price, Perry […]

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Waymo suspends robotaxi service except for its truly driverless vehicles

Waymo said Tuesday it is pausing operations of Waymo One, a service in the Phoenix area that allows the public to hail rides in self-driving vehicles with trained human safety operators behind the wheel, in in response to the COVID-19 pandemic. Waymo is also halting testing on public roads in […]