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Waymo
Artificial Intelligence
Waymo is a Mountain View, California-based autonomous vehicle company, a subsidiary of Alphabet, operating one of the most extensive commercial robotaxi services in the United States.
+$68.24
77.07%
30 days ago
$88.53
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Waymo traces its origins to Google's self-driving car project, which began in 2009 as one of the earliest serious corporate efforts to develop fully autonomous vehicle technology, before being spun out as an independent subsidiary of Google's parent company Alphabet in 2016, building on many years of accumulated real-world autonomous driving testing and development that gave Waymo an early entrant in autonomous vehicle development and operates commercial robotaxi services in multiple U.S. cities. Waymo has built the most extensive commercial robotaxi service among U.S. autonomous vehicle companies, operating driverless ride-hailing service across multiple major cities including Phoenix, San Francisco, Los Angeles, and Austin, with the company continuing to expand its service areas and city coverage as it works to demonstrate the commercial and safety viability of fully driverless ride-hailing at increasing scale, a notably more cautious and methodical expansion pace than some competitors have pursued, reflecting Waymo's emphasis on safety validation before expanding into new markets and operating conditions. The company raised a $16 billion funding round in early 2026, reflecting continued substantial capital requirements to fund its ongoing vehicle fleet expansion, technology development, and new market entry, even as it has achieved meaningful commercial revenue and ride volume from its operating robotaxi markets. Waymo has raised very substantial funding from Alphabet and outside investors including Silver Lake and Fidelity, positioning itself as one of the most operationally advanced and geographically extensive robotaxi services in the U.S. market, competing with Tesla's more nascent robotaxi ambitions, Chinese competitors including Baidu's Apollo Go, and other autonomous vehicle developers.
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