Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • November
  • Alphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles
  • Business

Alphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles

Editor November 12, 2024 2 minutes read
2024-11-12T160143Z_1_LYNXMPEKAB0O9_RTROPTP_4_ALPHABET-WAYMO

(Reuters) – Alphabet’s Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles, a sign of rapid growth and adoption of the technology.

Waymo had closed a $5.6 billion funding round last month, as automakers and technology companies are betting big on the driverless technology to foster future growth, even as it faces tight regulatory scrutiny.

The company said nearly 300,000 people had joined its waitlist after it started commercial operations in the city earlier this year, signaling strong demand.

Waymo had opened access to its ride-hailing service to everyone in San Francisco in June this year and Phoenix, Arizona in 2020.

“Our service has matured quickly and our riders are embracing the many benefits of fully autonomous driving,” said Tekedra Mawakana, co-CEO, Waymo.

Mountain View, California-based Waymo is a self-driving technology pioneer, which started its first U.S. driverless taxi service in 2020 over a decade after it was born as a project within Google.

Tesla CEO Elon Musk said in October that the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year, indicating a growing competition in the autonomous ride-hailing space.

Rival General Motors’ Cruise is testing cars with human safety drivers after an accident last year led it to pull all vehicles from the road. Meanwhile, Amazon’s Zoox is expanding testing for its vehicles built without steering wheels and pedals.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh Kuber)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: ValueAct takes $1-billion stake in Meta, source says
Next: Big bank deals could be spurred by Trump administration, executives say

Related Stories

2025-08-22T225658Z_1_LYNXMPEL7L0XW_RTROPTP_4_META-PLATFORMS-RESULTS
  • Business

Meta partners with Midjourney to license AI tech for future products

Editor August 23, 2025 0
2025-08-22T231059Z_1_LYNXMPEL7L0Y2_RTROPTP_4_DATABRICKS-M-A-1
  • Business

Exclusive-Databricks to buy Sequoia-backed Tecton in AI agent push 

Editor August 23, 2025 0
2025-08-22T172230Z_1_LYNXMPEL7L0Q4_RTROPTP_4_EU-APPLE-META-PLATFORMS-ANTITRUST-7
  • Business

Apple in talks to use Google’s Gemini AI to power revamped Siri, Bloomberg News reports

Editor August 23, 2025 0

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • EU warns of downward spiral after Trump threatens tariffs over Greenland
  • China regulator approves American Axle acquisition of Dowlais
  • Basketball-Heckler interrupts US anthem at NBA London game with Greenland protest
  • Israel says US Gaza executive board composition against its policy
  • Lebanon detains Syrian who helped funnel funds to pro-Assad fighters, sources say

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

2026-01-17T215806Z_1_LYNXMPEM0G0HY_RTROPTP_4_EU-ENVIRONMENT-PLASTICS
  • Market News

EU warns of downward spiral after Trump threatens tariffs over Greenland

Editor January 19, 2026 0
2026-01-16T173934Z_3_LYNXMPEM0F0AN_RTROPTP_4_USA-AUTOS-MEXICO
  • Market News

China regulator approves American Axle acquisition of Dowlais

Editor January 19, 2026 0
2026-01-19T011316Z_1_LYNXMPEM0I01S_RTROPTP_4_BASKETBALL-NBA-MEM-ORL
  • Market News

Basketball-Heckler interrupts US anthem at NBA London game with Greenland protest

Editor January 19, 2026 0
2026-01-17T172704Z_2_LYNXMPEM0G0CY_RTROPTP_4_ISRAEL-PALESTINIANS-GAZA-TRUMP-BOARD
  • Market News

Israel says US Gaza executive board composition against its policy

Editor January 19, 2026 0
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com