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Google’s spins off self-driving car unit – Waymo

Google is spinning out its self-driving car unit as a separate entity called Waymo, the company announced today. The name is derived from its mission of finding "a new way forward in mobility."

"We’re now an independent company within the Alphabet umbrella," Waymo CEO John Krafcik told an audience at a press event in San Francisco today. Krafcik also noted that the Waymo team conducted the first fully driverless ride on public roads in Austin last year, using a car with no steering wheels and no pedals in "everyday traffic" on city streets.

by Darrell Etherington (@etherington), Lora Kolodny (@lorakolodny)

Full Story: https://techcrunch.com/2016/12/13/googles-self-driving-car-unit-spins-out-as-waymo/

Many thanks to Kemble Fletcher at Google for sharing.

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