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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.