The Alphabet-owned company said it is now valued at $126 billion.

The parent company would provide about $13 billion to the robotaxi firm, while the rest would come from others, including new investors Sequoia Capital, DST Global and Dragoneer…

Waymo's growth is reinforcing Alphabet's tech dominance and strengthens the bull case for the stock.

The Alphabet-owned company said it is now valued at $126 billion.

Die Google-Schwestergesellschaft Waymo hat 16 Milliarden Dollar von Investoren erhalten und wird jetzt mit 126 Milliarden Dollar bewertet. Das Geld soll auch den Vorsprung vor…

The new valuation may feed recurring speculation that Waymo will eventually pursue an IPO as part of a spinoff from Alphabet.

The funding round valued the Alphabet subsidiary at $126bn as company aims to expand more cities worldwide