Waymo to focus on ride-hailing services, pushes back autonomous trucking efforts


FILE PHOTO: A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. REUTERS/Paresh Dave/File Photo

(Reuters) - Alphabet Inc's Waymo is focusing on its ride-hailing service, Waymo One, while pushing back its efforts to develop commercial autonomous trucking technology, the self-driving unit said on Wednesday.

Autonomous driving software has come under strong regulatory scrutiny at a time when investors are concerned about heavy investments in the technology amid protracted development timelines.

The company said it is seeing significant growth and demand for ride-hailing services in San Francisco, Phoenix and Los Angeles, and is focusing on achieving commercial success in the business.

Waymo said it will continue its collaboration with strategic partner Daimler Truck North America to take its autonomous trucking platform forward.

"Laser-focusing on ride-hailing today puts us, our partners, and our customers in a strong position to be successful in the future across all of the business lines we pursue over time," the company said.

The unit's Waymo Driver technology is used in a variety of use cases, from ride-hailing to trucking.

"We continue to see a significant future commercial opportunity for our trucking solution alongside other commercial applications of the Waymo Driver," Waymo said.

(Reporting by Akash Sriram in Bengaluru; Editing by Pooja Desai)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Bain-backed Kioxia to raise $646 million in IPO
Apple readies more conversational Siri in bid to catch up in AI
China’s richest man berates PDD, ByteDance for months of misery
WhatsApp rolling out transcription for voice messages in multiple languages
The sky's the limit for Bluesky
Two decades of Nintendo's top-selling DS console
ChatGPT's Advanced Voice Mode is coming to web browsers
Elon Musk blasts Australia's planned ban on social media for children
Bitcoin's wild ride toward $100,000
OpenAI considers taking on Google with browser, the Information reports

Others Also Read