"This infusion of capital will ensure we are positioned to move forward with unprecedented velocity, while maintaining our industry-leading safety standards, Dolgov and Mawakana said in a blog post. Waymo's focus is on spreading its robotaxi service throughout the United States and internationally this year, the executives added. Its service, available in 10 US cities as of early 2026, aims to expand to about 20 metropolitan areas within a year, including London."
"Last year, the company more than tripled its annual volume to 15m rides and now provides more than 400,000 rides weekly in the six major US metropolitan areas where it operates, according to the company. We have demonstrated that our technology is not just the most advanced manifestation of AI in the physical world, but a vital service that people have come to rely on in their daily lives, the co-chief executives said."
Waymo raised $16bn in a funding round that valued the Alphabet subsidiary at $126bn. Co-CEOs Tekedra Mawakana and Dmitri Dolgov framed the investment as enabling accelerated progress while preserving industry-leading safety standards. Waymo plans to spread its robotaxi service across the United States and internationally in 2026, targeting about 20 metropolitan areas within a year, including London and Tokyo. The service was available in 10 US cities as of early 2026. Last year the company more than tripled annual volume to 15m rides and now provides over 400,000 rides weekly in six major US metro areas. Major investors included Alphabet, Dragoneer, Andreessen Horowitz, and Sequoia Capital.
Read at www.theguardian.com
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