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Meet Waymo, Google's Self-Driving Car Company


Ron Burgundy
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Jouralists take a test drive in a prototype of Google's own self-driving vehicle during a media preview of Google's current autonomous vehicles in Mountain View, CaliforniaAlphabet Inc's Google self-driving car project recast itself as Waymo on Tuesday, an independent entity within the technology giant, as executives suggested the company is close to bringing its autonomous driving to the public. Although no deals were announced, the move signals a desire to finally monetize the company's valuable research amid fierce competition from a score of rivals all vying to be the first to launch production-ready self-driving cars. Google's high-profile program, now in its seventh year, has been at the forefront of self-driving technology, but is now challenged by companies from Uber Technologies Inc [uBER.UL] to Apple Inc and traditional car companies in the fast-growing industry.




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