Alphabet’s (GOOGL) (GOOG) Waymo is in early discussions with potential investors to raise even more money at a valuation of at least $100B, The Information’s Katie Roof reports, citing people familiar with the company’s plans. The size of the funding round will be at least several billions of dollars, potentially exceeding $10B, the author notes.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- Option traders moderately bearish in Alphabet with shares down 0.96%
- OpenAI Introduces FrontierScience to Test AI’s Advanced Science Skills
- AI Daily: Databricks raising $4B at $134B valuation
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Waymo Leads the Robotaxi Race as Competition from Tesla, Amazon, and China Heats Up
