Waymo is negotiating to raise $15 billion in funding, primarily from its parent company Alphabet and other investors, aiming for a valuation of up to $110 billion. This push for capital comes as Waymo positions itself as the leader in the U.S. robotaxi market, expanding its fleet and services significantly. Currently, the company operates or tests its robotaxis in 26 markets across the U.S. and internationally. Alphabet's CEO, Sundar Pichai, indicated that Waymo is expected to significantly impact Alphabet's financials by 2027. If Waymo secures the $15 billion, it would more than double its previous funding round of $5.6 billion, which closed in October 2024 at a $45 billion valuation. That round included contributions from notable investors like Andreessen Horowitz and Fidelity. Waymo's co-CEOs stated that the funding would enhance its robotaxi service, which currently provides paid rides in cities such as Austin, San Francisco, Phoenix, and Los Angeles. As of December, Waymo reported 14 million trips for the year, with plans to surpass 20 million by year-end. The company aims to launch services in several new cities in 2026, including Dallas and London, marking its first international expansion. In contrast, competitors like Amazon's Zoox and Tesla are also entering the robotaxi space, but with different operational models, including still having human drivers present in their vehicles.