trending Market Intelligence /marketintelligence/en/news-insights/trending/wkyDZ5nPFlckXl7DM7CMVQ2 content esgSubNav
In This List

Alphabet separates autonomous car unit

Blog

Discovery+ dives into a crowded US OTT video market

451 Research Podcast

Next in Tech | Episode 42: AI/ML Infrastructure

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Video

S&P Capital IQ Pro | Powered by Expert Insights


Alphabet separates autonomous car unit

As expected, Alphabet Inc.'s self-driving car project is now a new business, called Waymo, according to a Dec. 13 official blog post.

The new entity described itself as a self-driving technology company that will work to become more useful in personal vehicles, ridesharing, logistics, or for public transport.

A recent report indicated that the company halted its plans to develop a fully self-driving car in favor of partnerships with automakers to build an autonomous vehicle with traditional features for human drivers.