Waymo secures a $5 billion loan to fund robotaxi expansion
Alphabet subsidiary Waymo has closed its first debt financing deal with a $5 billion loan from major lenders to fund its commercial robotaxi expansion.
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Alphabet subsidiary Waymo has closed its first debt financing deal with a $5 billion loan from major lenders to fund its commercial robotaxi expansion.
California Governor Gavin Newsom signed Senate Bill 1246 to penalize autonomous vehicle operators that obstruct emergency responders.
A judge has temporarily barred Waymo from operating two Santa Monica charging sites overnight after residents complained about persistent noise and traffic.
Alphabet structured a three-year deal for its CEO that could make him one of the highest-paid executives on the planet. Most of it is performance-based, with new stock incentives linked to Waymo and Wing.