Alphabet to Invest Additional $5 Billion in Waymo

• Waymo is now offering over 100,000 paid robotaxi rides each week in Los Angeles, San Francisco, and Phoenix.
• This milestone was shared by Waymo co-CEO Tekedra Mawakana on social media platform X, doubling previous figures.
• The fl...

Waymo, Alphabet’s self-driving technology unit, laid off 137 employees in its second round of layoffs this year, the company reported on Wednesday, bringing the total number of layoffs for the year to 8%.

As part of the cuts, Waymo has ...

• Alphabet reported $88.27 billion in revenue, surpassing analyst expectations of $86.44 billion.
• Earnings per share (EPS) hit $2.12, beating the forecasted $1.83.
• Google Cloud revenue rose to **$11.35 b...

• Character.ai is pivoting from building AI models to enhancing its consumer products following Google's $2.7bn deal.
• The company's new interim CEO, Dominic Perella, revealed that the focus will now be on their popular chatbots.
• Th...