February 12, 2026
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25:37Now PlayingWaymo, Alphabet Inc.’s autonomous driving unit, is set to hit 1 million weekly robotaxi rides in the US by the end of 2026, according to co-chief executive officer Tekedra Mawakana. She speaks exclusively with Bloomberg Tech's Ed Ludlow about the firm's latest valuation, global expansion plans, and ongoing safety concerns in the autonomous vehicle space.
The startup plans to expand testing and launch new commercial services across 20 cities this year within the US and internationally. In some cases, Waymo can go from mapping a city to the start of paid rides in just a matter of months. In other cases, progress will be much slower, especially when a city or state lacks rules on robotaxis.
Waymo began fully autonomous operations in Nashville earlier this week ahead of a planned commercial launch with Lyft Inc. later this year. It also expects to begin service later in 2026 in Washington, Detroit, Las Vegas, San Diego and Denver.
Earlier this month, Waymo raised $16 billion at a $126 billion valuation. The round was led by new investors Sequoia Capital, DST Global and Dragoneer Investment Group. Parent Alphabet’s contribution wasn’t disclosed, but totaled $13 billion, Bloomberg reported.
The backing reflects Waymo’s success in “demonstrating” the technology works, Mawakana said. “Consumers are adopting it, the safety case is being made, and it’s just a really exciting time to join the team.”
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