Waymo Secures 16B Funding Reaching 126B Valuation Expands to 4 New Cities

Waymo, Alphabet autonomous driving subsidiary, has raised $16 billion in a new funding round, valuing the company at $126 billion. Expanding robotaxi service to four new US cities: Dallas, Houston, San Antonio, and Orlando. Currently operates in Phoenix, San Francisco Bay Area, Los Angeles, Atlanta, Austin, and Miami with over 450,000 rides per week. Has logged 200 million autonomous miles on public roads.