Waymo seeking about $16 billion near $110 billion valuation

via fortune.com

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Waymo, Alphabet Inc.’s autonomous driving unit, is aiming to raise about $16 billion in a financing round that would value the unit at nearly $110 billion, according to people familiar with the matter. The parent company would provide about $13 billion to the robotaxi firm, while the rest would come from others, including new investors […]

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