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Alphabet (GOOGL) Advances $110B Waymo Bet as Self-Driving Expansion Intensifies Competition

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The Story

News Summary

  • Alphabet plans a $110 billion investment in Waymo, its self-driving car unit aiming for significant growth and profitability by 2027, expanding in US cities and London amid strong competition from Tesla, Amazon-backed Zoox, Uber, and Lyft.
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338.50 +6.53% over the displayed period

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