Alphabet to invest $5 billion in self-driving car unit Waymo
Publishing timestamp: 2024-07-23 22:04:52
Summary
Alphabet's CFO announced an additional $5 billion investment in its self-driving car unit Waymo, highlighting the company's commitment to building the world's leading autonomous driving company. Waymo has seen significant growth and progress, with Alphabet increasing its investment after delays from competitors like General Motors and Tesla.
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Keywords: google, alphabet inc, business news, internet, breaking news: technology, alphabet class c, technology, tesla inc,
Source: https://www.cnbc.com/2024/07/23/alphabet-to-invest-5-billion-in-self-driving-car-unit-waymo.html