The announcement comes as rivals such as General Motors and Amazon.com's Zoox are investing heavily in driverless cars to drive commercial success, even as...
- Alphabet's Waymo is expanding its autonomous ride-hailing service areas in San Francisco and Los Angeles to cater to growing demand from customers, the company said on Tuesday.
Alphabet has planned a $5 billion investment in Waymo over a multi-year period, finance chief Ruth Porat said last month, as the company looks to boost its self-driving unit's expansion plans.Waymo put an end to waiting lists in San Francisco last month and opened up its Waymo One service to everyone, about four years after a similar move in Phoenix, Arizona.
Tesla CEO Elon Musk has also been focusing on artificial intelligence, autonomous driving software, robotaxis and a humanoid robot named Optimus to combat a slowdown in EV sales, which generate about 78% of the automaker's quarterly revenue.Lumen raises annual free cash flow estimates as AI adoption drives demand
Team Canada had an up-and-down day at the Paris Summer Games, one filled with crushing losses, a scandal involving a coach, and another historic gold medal.US stocks poised for a rebound following a three-day rout that wiped out a healthy chunk of 2024's market gainsSuccessful commissioning of state-of-the-art manufacturing line and up to $315.5 million strategic investment from Cerberus provide capacity and capital to significantly scale productionEDISON, N.J., Aug.
San Francisco Waymo San Francisco Peninsula Service Areas Autonomous Driving
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