Self-driving truck technology developer Waymo announced it expanded its partnership with UPS Inc. to include autonomous freight movement with Class 8 vehicles.
Alphabet Inc.’s Waymo will offer rides in its autonomous vehicles to select passengers in San Francisco, marking its second launch of a taxi service and a hint of the company’s commercial ambitions.
Autonomous truck developer Waymo Via announced plans to build a nine-acre facility near Dallas that will serve as a regional hub for advancing operations and service for automated Class 8 trucks.
For tech giants that are diving into self-driving tech or have grand plans for their own cars, that push isn’t just about breaking into a new market — it’s about defending valuable turf.
Waymo, Alphabet Inc.’s self-driving car unit, said it raised $2.5 billion in a recent funding round to help advance its technology and replace a management team rocked by departures.
The road to autonomous trucking is long and littered with obstacles, but developers of self-driving systems for commercial vehicles are making clear and tangible progress in their mission to bring this technology to market.
Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans.May 19, 2021
Lucid Motors Inc., the Saudi Arabia-backed electric vehicle maker going public via a reverse merger, has hired a former executive of Alphabet Inc.’s Waymo as chief financial officer.
John Krafcik stepped down as chief executive officer of Alphabet Inc.’s Waymo self-driving vehicle division, and will stay on as an adviser to the business, the company said in a memo.