Waymo (GOOGL) Launches Ojai Robotaxis in Select U.S. Cities
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowWaymo (GOOGL) has commenced rides for select customers in its Ojai robotaxis, which are designed to perform better in snow and cost less to manufacture. The company currently has 100 Ojai vehicles on the road, part of an almost 4,000-car fleet, expecting to expand to thousands by year-end. The Ojai utilizes the sixth-generation Waymo Driver, enhancing low-light detection and requiring fewer sensors than previous models. Waymo has received a $16 billion investment from Alphabet and has driven over 20 million autonomous rides with a goal of achieving 1 million weekly trips by the year's end.
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About Alphabet Inc. (Class A) (GOOGL)
Alphabet is the parent of Google, generating most of its revenue from search and advertising while expanding in cloud computing, YouTube, and AI. Class A shares (GOOGL) carry voting rights.
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