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GOOG Alphabet Inc. invests in Waymo, valuing the startup at $45 billion

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.

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Investor opinions & comments:

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?
— from InvestorTom at 11-17-2024 16:50
I'm not convinced that self-driving technology is ready for widespread use. There are still a lot of safety and regulatory concerns
— from PennyParker at 11-17-2024 11:46
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
— from RachelLee at 11-16-2024 15:42
Wow, this is a huge investment for Waymo! I'm excited to see how their self-driving technology continues to advance
— from DividendDylan at 11-16-2024 14:27
This investment is a great sign of progress in the world of autonomous vehicles. Waymo's advancements have been impressive so far
— from CashClaire at 11-16-2024 08:48
Will Waymo be able to compete with other established players in the self-driving technology market? The $45 billion valuation seems quite high
— from BrianMartin at 11-15-2024 11:34
Alphabet's investment in Waymo shows how confident they are in the future of autonomous vehicles. Waymo is definitely a company to watch
— from TraderTroy at 11-15-2024 09:35
I'm glad to see Alphabet investing in AI-powered startups like Waymo. It's important to support innovation in the tech industry
— from WilliamReed at 11-14-2024 22:31
With Alphabet's backing, Waymo has a strong foundation for further development and expansion. The future of transportation looks brighter
— from TylerGonzalez at 11-14-2024 19:24
Waymo has already had successful trials of their self-driving technology, so this investment is well-deserved. Exciting times ahead!
— from SamanthaEvans at 11-14-2024 18:29
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