You are here

Alphabet creates Waymo to further develop self-driving car technology

But standalone company started by Google parent offers no details on its ultimate business plan
Thursday, December 15, 2016 - 05:50

Despite Waymo being a separate business, Mr Krafcik says it will continue to have access to the infrastructure and resources that Alphabet provides.

San Francisco

GOOGLE parent company Alphabet Inc is separating its self-driving car project into a new business called Waymo, seeking to sharpen its focus on changing the transportation industry.

John Krafcik, chief executive officer of Waymo, announced the move on Tuesday at an

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom