WAYMO RAISES MASSIVE $16 BILLION ROUND AT $126 BILLION VALUATION, PLANS EXPANSION TO 20+ CITIES

Summary from the TLDR newsletter

Waymo just closed a $16 billion funding round at a $126 billion valuation. It plans to use the capital to expand to over 20 new cities this year, including its first international markets, Tokyo and London. The company's cars have driven 127 million fully autonomous miles with a 90% reduction in serious injury crashes compared to human drivers. It performed 15 million rides in 2025, a 3x growth from 2024.