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Canada-based Waabi raises $200 million, touts plan to get gen AI driverless trucks on the road in 2025 [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The Series B funding round, led by Uber and Khosla Ventures, brought in new strategic investors Nvidia Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments. The company declined to share a new valuation, but said the new capital will build on other recent news including the opening of the company's new trucking terminal in Texas. While it is not the record-setting $1 billion round of funding scooped up last month by UK-based self-driving competitor Wayve (which is backed by Microsoft and Meta chief scientist Yann Lecun), Waabi's still-hefty injection of fresh capital underscores investors' increasingly optimistic expectations around the potential for autonomous driving technology. For Waabi founder and CEO Raquel Urtasun, it's an important milestone in her dream to solve the complex challenges of self-driving vehicles and a more recent obsession to bring the power of generative AI to the physical world. Now, the computer scientist, who pr [Read more]
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Stockreport

Canada-based Waabi raises $200 million, touts plan to get gen AI driverless trucks on the road in 2025 [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The Series B funding round, led by Uber and Khosla Ventures, brought in new strategic investors Nvidia Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments. The company declined to share a new valuation, but said the new capital will build on other recent news including the opening of the company's new trucking terminal in Texas. While it is not the record-setting $1 billion round of funding scooped up last month by UK-based self-driving competitor Wayve (which is backed by Microsoft and Meta chief scientist Yann Lecun), Waabi's still-hefty injection of fresh capital underscores investors' increasingly optimistic expectations around the potential for autonomous driving technology. For Waabi founder and CEO Raquel Urtasun, it's an important milestone in her dream to solve the complex challenges of self-driving vehicles and a more recent obsession to bring the power of generative AI to the physical world. Now, the computer scientist, who pr [Read more]
IMPACT SNAPSHOT
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