“This really is a profound change.” Taymo Tesla has been secretly testing out fully autonomous robotaxis in the Bay Area for several months, CEO Elon Musk revealed during the carmaker’s earnings call this week. According to the billionaire, only Tesla staffers are authorized to make use of a prototype app that can summon vehicles using… Continue reading Tesla Has Secretly Been Testing Robotaxis
Tag: Waymo/Google
Google’s Waymo closes $5.6b funding to expand autonomous cab serviceThe round also saw participation from existing investors including Andreessen Horo…
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 tight regulatory scrutiny. The investment round also saw participation from existing investors including… Continue reading Google’s Waymo closes $5.6b funding to expand autonomous cab serviceThe round also saw participation from existing investors including Andreessen Horo…
Waymo secures $5.6 billion in new funding before expanding robotaxis to new cities in 2025
Robotaxi developer Waymo has closed an oversubscribed Series C funding round totaling $5.6 billion. Alongside an expanded partnership with Uber, the funds will help the rideshare company expand its Waymo-One robotaxi service throughout current and additional cities in the US. While some robotaxi networks are slowing down their expansion plans and OEMs like Tesla struggle… Continue reading Waymo secures $5.6 billion in new funding before expanding robotaxis to new cities in 2025
Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today. The autonomous vehicle venture is owned… Continue reading Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Waymo raises $5.6 billion to fund Austin and Atlanta expansion
Waymo has raised another huge chunk of change from investors. The company announced on its blog that it secured an “oversubscribed investment round” of $5.6 billion in funding, the largest of which came from Google’s parent company Alphabet. The company is working with Uber to expand to Austin and Atlanta by the early part of… Continue reading Waymo raises $5.6 billion to fund Austin and Atlanta expansion
Waymo just raised $5.6 billion to spread robotaxis to more cities
/ The funding round was the driverless car company’s largest to date. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Photo by PATRICK T. FALLON/AFP via Getty Images… Continue reading Waymo just raised $5.6 billion to spread robotaxis to more cities
Move over Waymo, here comes Wayve: a new self-driving player in California
Wayve, a well-funded London-based autonomous vehicle startup backed by Uber and Softbank, will begin testing its “Tesla-like” self-learning automated driving software in San Francisco and the Bay Area. The move marks its first on-road trials outside of the UK. Wayve opened a new office in Sunnyvale, California, to support its US expansion and AI development,… Continue reading Move over Waymo, here comes Wayve: a new self-driving player in California
Elon Musk just said some wild things about Tesla’s self-driving rollout
Elon Musk just said some wild things about Tesla’s self-driving rollout – clarifying the path to Tesla deploying unsupervised autonomous vehicles next year. He may regret some of these comments. At the risk of repeating myself, Tesla has never released any data about its (Supervised) Full Self-Driving (FSD) program beyond the total number of miles… Continue reading Elon Musk just said some wild things about Tesla’s self-driving rollout
Here’s why China has been testing its autonomous car technology in the U.S. for years
Chinese companies are aggressively developing autonomous vehicles. In August, China announced that it had issued 16,000 test licenses for driverless cars and opened up about 20,000 miles of roads nationwide for autonomous vehicle testing. But Chinese autonomous vehicle companies have also quietly been testing their technology on U.S. streets. Baidu, Didi, WeRide, Pony.ai and AutoX… Continue reading Here’s why China has been testing its autonomous car technology in the U.S. for years
Uri Levine, Waze co-founder, returns to Zoomcar as strategic and financial advisor
Zoomcar Holdings, Inc. (Nasdaq: ZCAR), a Nasdaq-listed company specializing in self-drive car sharing, has announced the return of Waze Co-Founder Uri Levine as its Strategic and Financial Advisor. Levine previously served as Chairman of the Board at Zoomcar from 2021 to 2023, prior to the company’s public listing. In his new role, he will provide… Continue reading Uri Levine, Waze co-founder, returns to Zoomcar as strategic and financial advisor