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Alphabet (GOOGL) Soars as Waymo Secures Massive Arizona Autonomous Testing Hub

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The Story

News Summary

  • Waymo, Alphabet's autonomous unit, purchased a 5,500-acre proving ground in Arizona for $220 million.
  • The facility, formerly owned by Apple for its abandoned Project Titan, will allow Waymo to accelerate testing for its driverless ride services and improve autonomous safety and performance in extreme conditions.
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