Alphabet, the parent company of Google, is preparing its autonomous driving unit Waymo to raise significant funding from investors. According to reports, the company could conduct a funding round at a valuation of at least $100 billion (approximately ₹8.4 lakh crore), potentially raising more than $15 billion. This round is being led by Alphabet itself.
The news has been reported by major media outlets such as The Information, Bloomberg, and CNBC. Previously, Waymo's valuation was estimated at around $45 billion, meaning this could more than double.
Reasons Behind Waymo's Rapid Growth:
- Over 14 million paid trips completed so far in 2025, on track to exceed 20 million by year-end.
- The company is operating fully driverless robotaxi services in several U.S. cities (Phoenix, San Francisco, Los Angeles, Austin, Atlanta, Miami, etc.).
- Plans for expansion to London, New York, and several new U.S. cities in 2026.
- Waymo's fleet primarily consists of Jaguar I-PACE electric vehicles, which are visible charging in the shared image.
This funding will help Waymo stay ahead of competitors like Tesla, Amazon's Zoox, and others. Experts believe Waymo is now becoming a major value unlock for Alphabet.
Google $GOOGL owned Waymo is reportedly in early talks with potential investors to raise money at a valuation of at least $100 billion - The Information pic.twitter.com/NHSIDd9E1P
— Evan (@StockMKTNewz) December 16, 2025
Comments
Post a Comment