Alphabet is pouring billions into Waymo's self-driving taxis as Tesla prepares to reveal its rival

Alphabet is backing Waymo with a $5 billion investment.Waymo has provided over 50,000 paid autonomous rides weekly in active areas, according to Alphabet.Meanwhile, Tesla is gearing up to launch its own driverless taxi service. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you acce ...