Waymo could be worth $175 billion — here’s the history of the Google Car project (GOOGL)
|08/10/2018||Posted by BusinessMediaguide.Com under General World News||
- Waymo, formerly the Google Car project, is almost ten years old.
- After more than 8 million self-driving miles, Waymo is preparing to commercialize in 2018 and 2019.
- Morgan Stanley has pegged Waymo’s value at $175 billion.
Waymo is almost a decade old. What started as secretive Google X lab undertaking is now on the verge of being a commercial business, planning to launch in limited markets this year and expand in 2019.
Since 2009, Waymo has amassed over eight million self-driving miles, using a variety of platforms. Along the way, a who’s who of autonomous pioneers has worked on the project: Sebastian Thrun, read more >>>