From Nasdaq:



Waymo, Alphabet’s self-driving project, has shown significant success in the autonomous vehicle market, with crash rates significantly lower than those of human drivers. This achievement is attributed to Alphabet’s strong focus on advancing its AI skills and deep learning techniques. The company’s expansion plans include offering autonomous driving experiences in partnership with Uber and expanding operating areas in Los Angeles, Phoenix, and other cities. With the growing prospects in the autonomous vehicle market, Alphabet is expected to strengthen its competitive position. Despite competition from companies like Amazon and Baidu, Alphabet’s autonomous driving initiatives are likely to help it stay ahead. The global autonomous vehicle market is expected to reach $2.35 trillion by 2032. This success can boost Alphabet’s investor confidence, as the company aims to expand Waymo’s operations and stay ahead in the promising autonomous driving space.



Original: Alphabet’s (GOOGL) Waymo Witnesses Reduction in Crash Rates