Alphabet’s (GOOGL) (GOOG) Waymo unit announced it had raised $16B in its latest fundraising round, valuing the self-driving car startup at $126B, Reuters reports. Waymo, which Alphabet carved out of Google’s self-driving car project in 2016, is the only operator in the U.S. offering paid robotaxi services with no safety drivers or in-vehicle attendants. It has a fleet of more than 2,500 vehicles.
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