Waymo secures $16B to expand robotaxi fleet worldwide
Alphabet-owned Waymo has raised $16 billion in its largest funding round to date, aimed at expanding its autonomous ride-hailing services globally. The company plans to scale operations beyond the U.S., with London and Tokyo highlighted as key target markets. Waymo says the investment will fuel fleet growth, enhance technology, and meet rising demand, which has accelerated over the past year. The funding comes as competition in the robotaxi space intensifies, with major players racing to commercialize self-driving tech at scale.
This sizable backing signals growing investor confidence in autonomous mobility and positions Waymo as a frontrunner in the global robotaxi race.
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