With the fresh capital, Waymo intends to expand its Waymo One ride-hailing service in existing markets such as San Francisco, Phoenix, and Los Angeles, while preparing to launch in Austin and Atlanta through an expanded partnership with Uber.

This move marks a significant step in the company's efforts to enhance the Waymo One ride-hailing service, promising a safer and more efficient transportation experience for its users.

After satisfactory early testing, the company plans to launch its initial phase of operations this fall, aiming to make their vehicles a reliable and readily available transport option for Austin residents.