Waymo secures $5.6 billion to expand autonomous ride-hailing service

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Investments
ATI News Team

Alphabet leads Waymo's latest funding round, aiming to grow operations and partnerships, including a new deal with Uber, in multiple cities

Alphabet's self-driving unit, Waymo, announced the closure of a $5.6 billion funding round with Alphabet leading the investment effort to bolster its autonomous ride-hailing service's expansion, according to a report published by Reuters on Oct. 25.

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