Waymo is patronized by Alphabet for as long as it needs to be. This has been good, as it takes off a lot of pressure to virtue signal fake progress to impatient investors; a fate many of Waymo's potential competitors haven fallen victim to.
When Uber and Tesla were acting like cowboys and creating plenty of drama for the media Waymo (under the sensible and boring leadership of non-techy car industry vet John Krafcik) was quietly structuring itself to be in the game for the long haul, following the whole "Fuck You Money" episode that saw most of the Google Self Driving Car Project's original talent leave for easy Venture Capital elsewhere.
Waymo is very tight lipped about their operational costs, I would really love to know how close they are to being revenue positive. Recent moves by Waymo suggest they believe they are getting close.
When Uber and Tesla were acting like cowboys and creating plenty of drama for the media Waymo (under the sensible and boring leadership of non-techy car industry vet John Krafcik) was quietly structuring itself to be in the game for the long haul, following the whole "Fuck You Money" episode that saw most of the Google Self Driving Car Project's original talent leave for easy Venture Capital elsewhere.
Waymo is very tight lipped about their operational costs, I would really love to know how close they are to being revenue positive. Recent moves by Waymo suggest they believe they are getting close.