Google's Waymo closes $5.6b funding to expand autonomous cab service

Google's Waymo closes $5.6b funding to expand autonomous cab service

FILE PHOTO: Two Waymo autonomous vehicles drive themselves down Central Avenue in Phoenix, Arizona, U.S., March 18, 2024. REUTERS/Caitlin O'Hara/File Photo

Alphabet’s self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ridehailing service.