Summary
A Senate hearing is being held to discuss the future of self-driving cars, with executives from companies like Tesla and Waymo speaking. Waymo has raised $16 billion, raising its valuation to $126 billion, as it plans to expand its fleet of self-driving taxis worldwide.
Key Facts
- Waymo raised $16 billion to expand its self-driving car services.
- The new funding values Waymo at $126 billion.
- Waymo started as a project inside Google 17 years ago.
- The company now plans to operate its robotaxi fleet globally.
- A Senate Commerce Committee hearing is discussing self-driving car safety.
- Waymo and Tesla are significant players in the self-driving car market.
