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Alphabet’s self-driving unit Waymo raises $2.5B in funding round

Alphabet's self-driving unit Waymo raises $2.5B in funding round

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Alphabet’s self-driving unit Waymo said on Wednesday it raised $2.5 billion in its fresh funding round in a year after a string of defections of executives rekindled concerns about the technology struggling to scale up. The funding led by Alphabet and other existing shareholders is the second outside funding for Waymo, which last year raised $3.25 billion in.

...read full article on New York Post

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