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Waymo valued at over $45 billion following latest financing round: report

  • Waymo, Alphabet's self-driving unit, has been valued at over $45 billion following its latest financing round.
  • The investment round, led by Alphabet, raised $5.6 billion and will support the expansion of Waymo One, a ride-hailing service operating in multiple cities.
  • Waymo is currently delivering over 100,000 paid trips per week through its robotaxi services.
  • Taking outside capital may help Waymo insulate itself from regulatory pressures and potential competition in the autonomous ride-hailing industry.

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