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WAYMO VALUATION
Alphabet's Waymo secures $5 billion term loan to accelerate expansionPIMCO, Blackstone and Sixth Street participated as lead syndicated lenders, while Capital Group, Loomis Sayles and T. Rowe Price were signi...- Bessemer raises $5.75 billion in new funds, expands growth effortsThe San Francisco-based venture firm is allocating $4 billion of the funds to growth-stage financings, which include funding young companie...
- MFs push back on Zepto valuation; PEs take AI betsHappy Monday! Zepto's IPO pricing expectation has run into resistance from top mutual funds. This and more in today's ETtech Morning Dispat...
- Tesla expands robotaxi service to Orlando, Tampa ahead of earningsTesla has expanded its robotaxi service to Orlando and Tampa this week. This move aims to prove the company can scale its autonomous ride-h...
- Google’s Isomorphic Labs to raise over $2 billion in new fundingAlphabet's AI drug discovery firm, Isomorphic Labs, is reportedly close to securing over $2 billion in new funding, led by Thrive Capital. ...
- Waymo valued at $126 billion in latest $16 billion financing as robotaxis gather steamAs one of the most sought-after applications of artificial intelligence, leading autonomous vehicle companies are investing heavily in comm...
- Google parent Alphabet hits $3.88 trillion m-cap, surpasses Apple for first time since 2019Alphabet has surged to become the world's second most valuable company, surpassing Apple with a market capitalization of $3.88 trillion. Th...
- Tesla stock jumps after Elon Musk shares robotaxi testing updateTesla stock moved higher after Elon Musk shared an update on robotaxi testing. Investors are closely watching Tesla’s self-driving plans, w...
- Tesla to expand robotaxis to San Francisco area within two months, Musk saysTesla last month rolled out a test of the long-promised service in a limited area of Austin, Texas, with about a dozen vehicles, a select g...
- Alphabet says Waymo may offer robotaxis for personal ownership in futureAlphabet CEO Sundar Pichai hinted at future personal ownership of Waymo robotaxis, as Tesla readies its own fleet. Despite high costs, Waym...
- Elon Musk’s Tesla sees stock prices plummet: Is his EV empire in decline?Tesla's shares have dropped almost 50% over three months, which has attracted long-term concerns. Investor sentiment is beginning to waver ...
- Wall Street shockwave: Ron Baron doubles down on this AI robotics stock, says it's headed for a $5 trillion valuation; are you invested in it?Billionaire investor Ron Baron predicts that Tesla's market cap may be as high as $5 trillion over the next decade. He believes that there ...
- This tech stock looks cheap, and billionaire Bill Ackman has doubled down on it, accumulating over 30 million shares; here's why he is gung-ho about itBillionaire Bill Ackman has made huge bets in favour of Uber, specifically predicting huge growth potential in ride-sharing, food delivery,...
- Elon Musk says robotaxis are Tesla's future, experts have doubtsMusk's vision of autonomous vehicles, or AVs, is not limited to cars that drive themselves. He has also claimed that individuals who buy Te...
- Alphabet's Waymo raises $2.5 billion in funding roundWaymo, which was formed in 2009 as a project within Alphabet's Google unit, is widely considered the leader in developing self-driving tech...
- Toyota-backed startup Pony.ai raises $267 million in new funding roundThe latest funding, which comes just eight months after the company's $462 million fundraising, makes Pony.ai one of the most valuable inde...
- Google's self-driving sister, Waymo, gets first outside investorsFounded 11 years ago as a small project inside Google, Waymo now is widely considered the leader in developing self-driving technology. But...
- Argo’s tie-up with Ford, VW leaves room for Asian automakerThe automakers said they will focus their autonomous efforts on “purpose-built vehicles to support the distinct people and goods movement i...
- Uber unveils IPO with warning it may never make a profitUber in 2018 had $11.3 billion revenue, up around 42 percent over 2017, but below the 106 percent growth the prior year.
- Self-driving dream team gets $530 million from Sequoia, AmazonAurora’s three co-founders are legendary within the tight community of roboticists and engineers who are leading the charge to make self-dr...
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