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Waymo raises $5.6 billion to expand robotaxis

Waymo closed an oversubscribed $5.6 billion investment round led by Alphabet to expand fully autonomous ride-hailing and continue developing the Waymo Driver for additional applications.

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Nuro raises $500 million to scale autonomous delivery

Nuro raised a $500 million Series C round to expand its autonomous road-delivery business after deploying its second-generation R2 vehicle, a purpose-built vehicle with no steering wheel, pedals, or driver compartment.