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Waymo raises $16 billion to take its robotaxi business ‘global’

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Waymo raises  billion to take its robotaxi business ‘global’

Waymo announced a $16 billion investment round aimed at bringing its robotaxi business to more US cities, as well as some overseas markets. The funding round was led by Dragoneer Investment Group, a “crossover” firm known for investing in late-stage tech companies before they go public.

Waymo’s co-CEOs said in a blog post they would use some of the money to buy more vehicles to grow its fleets size, a crucial step as it seeks to launch in at least 20 new cities in 2026. The company currently operates more than 2,500 robotaxis in six US cities. The new funding values Waymo at $126 billion.

Waymo’s latest funding round attracted several new investors, including Dragoneer, Sequoia Capital, and DST Global. Returning investors include Andreessen Horowitz, Abu Dhabi sovereign fund Mubadala, Fidelity Management and Research Company, Perry Creek Capital, Silver Lake, Tiger Global, Temasek, and T. Rowe Price. The company last raised a $5.6 billion in 2024, valuing the company at $45 billion.

Despite their promise to bring down costs by eliminating driver jobs, autonomous ridehail vehicles are enormously expensive. In addition to vehicle purchases, companies must install expensive sensors and computers into each vehicle. The robotaxis need to be monitored by remote operators during trips. And fleet managers handle EV charging, cleaning, and sensor calibration while the robotaxis are offline.

Still, Waymo is one of the few companies to run a paid service with fully driverless vehicles in the US. Amazon’s Zoox is still running free trips in a handful of cities, while Tesla has yet to transition away from using safety monitors in the vehicle.

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Google’s annual revenue tops $400 billion for the first time

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Google’s annual revenue tops 0 billion for the first time

Google’s parent company, Alphabet, has earned more than $400 billion in annual revenue for the first time. The company announced the milestone as part of its Q4 2025 earnings report released on Wednesday, which highlights the 15 percent year-over-year increase as its cloud business and YouTube continue to grow.

As noted in the earnings report, Google’s Cloud business reached a $70 billion run rate in 2025, while YouTube’s annual revenue soared beyond $60 billion across ads and subscriptions. Alphabet CEO Sundar Pichai told investors that YouTube remains the “number one streamer,” citing data from Nielsen. The company also now has more than 325 million paid subscribers, led by Google One and YouTube Premium.

Additionally, Pichai noted that Google Search saw more usage over the past few months “than ever before,” adding that daily AI Mode queries have doubled since launch. Google will soon take advantage of the popularity of its Gemini app and AI Mode, as it plans to build an agentic checkout feature into both tools.

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Waymo under federal investigation after child struck

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Waymo under federal investigation after child struck

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Federal safety regulators are once again taking a hard look at self-driving cars after a serious incident involving Waymo, the autonomous vehicle company owned by Alphabet.

This time, the investigation centers on a Waymo vehicle that struck a child near an elementary school in Santa Monica, California, during morning drop-off hours. The crash happened Jan. 23 and raised immediate questions about how autonomous vehicles behave around children, school zones and unpredictable pedestrian movement.

On Jan. 29, the National Highway Traffic Safety Administration confirmed it had opened a new preliminary investigation into Waymo’s automated driving system.

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TESLA’S SELF-DRIVING CARS UNDER FIRE AGAIN

Waymo operates Level 4 self-driving vehicles in select U.S. cities, where the car controls all driving tasks without a human behind the wheel. (AP Photo/Terry Chea, File)

What happened near the Santa Monica school?

According to documents posted by NHTSA, the crash occurred within two blocks of an elementary school during normal drop-off hours. The area was busy. There were multiple children present, a crossing guard on duty and several vehicles double-parked along the street.

Investigators say the child ran into the roadway from behind a double-parked SUV while heading toward the school. The Waymo vehicle struck the child, who suffered minor injuries. No safety operator was inside the vehicle at the time.

NHTSA’s Office of Defects Investigation is now examining whether the autonomous system exercised appropriate caution given its proximity to a school zone and the presence of young pedestrians.

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AI TRUCK SYSTEM MATCHES TOP HUMAN DRIVERS IN MASSIVE SAFETY SHOWDOWN WITH PERFECT SCORES

Federal investigators are now examining whether Waymo’s automated system exercised enough caution near a school zone during morning drop-off hours. (Waymo)

Why federal investigators stepped in

The NHTSA says the investigation will focus on how Waymo’s automated driving system is designed to behave in and around school zones, especially during peak pickup and drop-off times.

That includes whether the vehicle followed posted speed limits, how it responded to visual cues like crossing guards and parked vehicles and whether its post-crash response met federal safety expectations. The agency is also reviewing how Waymo handled the incident after it occurred.

Waymo said it voluntarily contacted regulators the same day as the crash and plans to cooperate fully with the investigation. In a statement, the company said it remains committed to improving road safety for riders and everyone sharing the road.

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Waymo responds to the federal investigation

We reached out to Waymo for comment, and the company provided the following statement:

“At Waymo, we are committed to improving road safety, both for our riders and all those with whom we share the road. Part of that commitment is being transparent when incidents occur, which is why we are sharing details regarding an event in Santa Monica, California, on Friday, January 23, where one of our vehicles made contact with a young pedestrian. Following the event, we voluntarily contacted the National Highway Traffic Safety Administration (NHTSA) that same day. NHTSA has indicated to us that they intend to open an investigation into this incident, and we will cooperate fully with them throughout the process. 

“The event occurred when the pedestrian suddenly entered the roadway from behind a tall SUV, moving directly into our vehicle’s path. Our technology immediately detected the individual as soon as they began to emerge from behind the stopped vehicle. The Waymo Driver braked hard, reducing speed from approximately 17 mph to under 6 mph before contact was made. 

“To put this in perspective, our peer-reviewed model shows that a fully attentive human driver in this same situation would have made contact with the pedestrian at approximately 14 mph. This significant reduction in impact speed and severity is a demonstration of the material safety benefit of the Waymo Driver.

“Following contact, the pedestrian stood up immediately, walked to the sidewalk and we called 911. The vehicle remained stopped, moved to the side of the road and stayed there until law enforcement cleared the vehicle to leave the scene. 

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This event demonstrates the critical value of our safety systems. We remain committed to improving road safety where we operate as we continue on our mission to be the world’s most trusted driver.”

Understanding Waymo’s autonomy level

Waymo vehicles fall under Level 4 autonomy on NHTSA’s six-level scale.

At Level 4, the vehicle handles all driving tasks within specific service areas. A human driver is not required to intervene, and no safety operator needs to be present inside the car. However, these systems do not operate everywhere and are currently limited to ride-hailing services in select cities.

The NHTSA has been clear that Level 4 vehicles are not available for consumer purchase, even though passengers may ride inside them.

This is not Waymo’s first federal probe

This latest investigation follows a previous NHTSA evaluation that opened in May 2024. That earlier probe examined reports of Waymo vehicles colliding with stationary objects like gates, chains and parked cars. Regulators also reviewed incidents in which the vehicles appeared to disobey traffic control devices.

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That investigation was closed in July 2025 after regulators reviewed the data and Waymo’s responses. Safety advocates say the new incident highlights unresolved concerns.

UBER UNVEILS A NEW ROBOTAXI WITH NO DRIVER BEHIND THE WHEEL

No safety operator was inside the vehicle at the time of the crash, raising fresh questions about how autonomous cars handle unpredictable situations involving children. (Waymo)

What this means for you

If you live in a city where self-driving cars operate, this investigation matters more than it might seem. School zones are already high-risk areas, even for attentive human drivers. Autonomous vehicles must be able to detect unpredictable behavior, anticipate sudden movement and respond instantly when children are present.

This case will likely influence how regulators set expectations for autonomous driving systems near schools, playgrounds and other areas with vulnerable pedestrians. It could also shape future rules around local oversight, data reporting and operational limits for self-driving fleets.

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For parents, commuters and riders, the outcome may affect where and when autonomous vehicles are allowed to operate.

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Kurt’s key takeaways

Self-driving technology promises safer roads, fewer crashes and less human error. But moments like this remind us that the hardest driving scenarios often involve human unpredictability, especially when children are involved. Federal investigators now face a crucial question: Did the system act as cautiously as it should have in one of the most sensitive driving environments possible? How they answer that question could help define the next phase of autonomous vehicle regulation in the United States.

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Do you feel comfortable sharing the road with self-driving cars near schools, or is that a line technology should not cross yet? Let us know by writing to us at Cyberguy.com

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Adobe actually won’t discontinue Animate

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Adobe actually won’t discontinue Animate

Adobe is no longer planning to discontinue Adobe Animate on March 1st. In an FAQ, the company now says that Animate will now be in maintenance mode and that it has “no plans to discontinue or remove access” to the app. Animate will still receive “ongoing security and bug fixes” and will still be available for “both new and existing users,” but it won’t get new features.

An announcement email that went out to Adobe Animate customers about the discontinuation did “not meet our standards and caused a lot of confusion and angst within the community,” according to a Reddit post from Adobe community team member Mike Chambers.

Animate will be available in maintenance mode “indefinitely” to “individual, small business, and enterprise customers,” according to Adobe. Before the change, Adobe said that non-enterprise customers could access Animate and download content until March 1st, 2027, while enterprise customers had until March 1st, 2029.

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