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Company Overview - Waymo, a subsidiary of Alphabet, is seeking to raise over $15 billion in new funding, with a potential valuation of up to $110 billion [2][3] - The company aims to expand its Robotaxi services significantly, planning to launch in multiple new cities by 2026, including Dallas, Denver, and London [4][5] Financial Highlights - Waymo's previous funding round in October 2024 raised $5.6 billion at a valuation of $45 billion, indicating that the new round could double its valuation [3] - The company has completed 14 million Robotaxi rides this year, with weekly paid orders expected to exceed 450,000 [4] Industry Competition - Waymo leads the U.S. in autonomous driving mileage, paying customers, and operational permits, being the only major operator offering fully autonomous services in multiple cities [5] - In China, the Robotaxi market is competitive, with companies like Baidu's Apollo Go, Pony.ai, and WeRide leading the charge, and traditional automakers are also entering the space [5][7] Market Outlook - The Robotaxi industry is transitioning from a proof-of-concept phase to a more scalable model, with expectations of significant growth in fleet size over the next few years [6] - Companies like Geely and XPeng are actively developing their Robotaxi strategies, indicating a positive outlook for market commercialization [7]