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Waymo has increased its paid robotaxi rides to 450,000 per week, nearly double the 250,000 reported in April. This growth positions Waymo ahead of Tesla, which still relies on drivers for its limited autonomous services. Waymo has also expanded its operations to several major cities and freeways.
Waymo has started using its sixth-generation driverless system for robotaxi rides in Ojai vehicles, aiming to enhance its fleet and expand service. The company plans to open to public riders later this year while maintaining a competitive edge against rivals in the U.S. and abroad.
This article discusses Waymo's plans to expand its self-driving car services across various U.S. cities, including new territories like Dallas and Miami. It highlights challenges such as regulatory barriers, the need for more vehicles, and responses to recent operational issues.
Waymo is negotiating to raise $15 billion in funding, primarily from its parent company Alphabet, which could boost its valuation to $110 billion. The company currently operates or tests robotaxis in 26 markets and aims to expand its service significantly in the coming years.
Waymo secured $16 billion in funding, raising its valuation to $126 billion, the highest for any autonomous vehicle company. The investment will help expand its services to over 20 new cities, including international markets like Tokyo and London.