News Summary

Waymo, the self-driving unit of Alphabet, has announced significant growth in its robotaxi services. According to a leaked investor letter from Tiger Global Management, Waymo is now providing 450,000 robotaxi rides per week, nearly doubling the 250,000 rides reported earlier this year. This expansion is part of an aggressive rollout strategy, with plans to extend services to 12 additional cities by 2026, including Dallas, Denver, Houston, Nashville, and San Diego. Waymo’s growth highlights its leadership in the autonomous vehicle sector, outpacing competitors like Tesla, which has limited pilot programs in Austin and the Bay Area.