Waymo has reached a defining moment in the evolution of autonomous transportation, announcing a $16 billion investment round that values the company at $126 billion post-money.
Autonomous vehicle powerhouse Waymo, owned by Alphabet, is significantly ramping up its operations with a 239,000 square feet factory in the US dedicated to converting electric vehicles into fully autonomous taxis.
Toyota and Google's Waymo have reached a preliminary agreement focused on accelerating the development and deployment of autonomous driving technologies.