Waymo, Driverless Taxi Start-Up From Google’s Parent Firm, Raises $5.6 Billion
Alphabet’s self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ride-hailing service. Automakers and technology companies are investing in autonomous ride-hailing services to capitalize on the technology to drive commercial success, even as it faces widespread skepticism and…