Feb. 3 at 3:51 AM
$GOOGL $GOOG $TSLA $AMZN $GOOGL Waymo Raises
$16B at
$126B Valuation to Expand Robotaxi Fleet Globally-AP
Robotaxi pioneer Waymo raised
$16 billion in new funding at a
$126 billion valuation to accelerate its global expansion as rivals backed by Tesla and Amazon attempt to catch up. The massive fundraising round announced Monday underscores investor appetite for the rapidly expanding robotaxi market and marks a dramatic appreciation from analysts'
$30 billion valuation estimate just five years ago.