GOOG Alphabet Inc. invests in Waymo, valuing the startup at $45 billion
Published on November 14, 2024
Alphabet Inc., the parent company of Google, has joined a $5.6 billion funding round for Waymo, an AI-powered startup specializing in self-driving technology. With this investment, Waymo's valuation has reached $45 billion. Waymo has been making significant advancements in autonomous vehicles and has already launched a successful ridesharing service in select cities. This investment shows Alphabet's commitment to the future of transportation and the potential of AI technology. It is recommended to consult professionals from Stocks Prognosis for a forecast on the movement of Alphabet Inc.'s stock after this investment.
Investor opinions & comments
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InvestorTom
November 17, 2024 at 16:50
Investing such a large sum in Waymo could be a risky move for Alphabet. What if the technology doesn't live up to the hype?
PennyParker
November 17, 2024 at 11:46
I'm not convinced that self-driving technology is ready for widespread use. There are still a lot of safety and regulatory concerns
RachelLee
November 16, 2024 at 15:42
I wonder how this funding round will help Waymo expand their ridesharing service to more cities. It could be a game-changer for the transportation industry
DividendDylan
November 16, 2024 at 14:27
Wow, this is a huge investment for Waymo! I'm excited to see how their self-driving technology continues to advance
CashClaire
November 16, 2024 at 08:48
This investment is a great sign of progress in the world of autonomous vehicles. Waymo's advancements have been impressive so far
BrianMartin
November 15, 2024 at 11:34
Will Waymo be able to compete with other established players in the self-driving technology market? The $45 billion valuation seems quite high
TraderTroy
November 15, 2024 at 09:35
Alphabet's investment in Waymo shows how confident they are in the future of autonomous vehicles. Waymo is definitely a company to watch
WilliamReed
November 14, 2024 at 22:31
I'm glad to see Alphabet investing in AI-powered startups like Waymo. It's important to support innovation in the tech industry
TylerGonzalez
November 14, 2024 at 19:24
With Alphabet's backing, Waymo has a strong foundation for further development and expansion. The future of transportation looks brighter
SamanthaEvans
November 14, 2024 at 18:29
Waymo has already had successful trials of their self-driving technology, so this investment is well-deserved. Exciting times ahead!