WAYMO GIVING 100,000 ROBOTAXI RIDES PER WEEK BUT NOT MAKING ANY MONEY

Summary from the TLDR AI newsletter

Waymo is providing over 100,000 paid autonomous rides weekly in San Francisco, Phoenix, and Los Angeles, doubling its May numbers. Despite its growth, Waymo remains unprofitable, with Google's experimental division incurring a $2 billion operating loss. High costs for vehicles and city mapping, combined with public hesitancy, continue to challenge its path to profitability.