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SpaceX, Anthropic, and OpenAI’s hot IPO summer

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]
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Waymo launches $30/month ‘Premier’ membership with priority pickups and cashback

Waymo is launching its first-ever membership program, “Waymo Premier,” offering its most frequent riders priority pickups, 10% cashback, and early access to new cities for $29.99 per month.

The invite-only program marks a significant step in Waymo’s effort to build rider loyalty as it scales toward 1 million weekly rides and expands into 20+ cities.

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Waymo introduces $30-a-month premium tier for riders who want faster pickups

Waymo Premier

Uber One, meet Waymo Premier.

The robotaxi operator announced a new $29.99-a-month premium tier for riders who want a more elevated and exclusive autonomous experience. The invite-only membership service is aimed at Waymo customers who use the service most frequently, offering them a number of perks, including priority pickups, 10 percent cash back on every trip, early robotaxi access in new cities, and up to five free cancellations a month.

Waymo Premier will be initially offered to select riders in San Francisco, Los Angeles, and Phoenix, the company said. The program will scale to new cities as Waymo continues to expand; the company h …

Read the full story at The Verge.

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Waymo built a virtual driver to study how humans react to surprises on the road

Waymo taxis on a bright pink and green background.

Waymo has a lot of experience building virtual systems to help its autonomous vehicles better understand the real world. It built realistic 3D worlds to better anticipate natural disasters and unpredictable edge cases. It created a virtual representation of a hyperattentive driver to test against its own autonomous vehicles in a series of simulated scenarios to see which is better at crash avoidance.

Now, in a new research paper published today in Nature Communications, Waymo describes a new computer-based cognitive model that explains how human drivers make split-second decisions to avoid crashes. The company thinks the new model will serv …

Read the full story at The Verge.

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Waymo buys Apple’s abandoned self-driving car proving ground for $220M

Waymo has acquired a massive 5,500-acre autonomous vehicle proving ground in Wittmann, Arizona, for $220 million — nearly double the $125 million Apple paid for it in 2021. The facility was the centerpiece of Apple’s now-dead self-driving car program.

The deal, recorded June 5 in Maricopa County filings, adds a world-class test facility to Waymo’s infrastructure as the company races to scale its robotaxi fleet to 1 million weekly rides by the end of the year.

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Used Waymo robotaxi batteries become backup storage for power grids

Thousands of electric vehicles in Waymo’s autonomous robotaxi fleet may eventually give up their used batteries for a very different purpose—contributing up to hundreds of megawatt-hours of stationary energy storage to local power grids.

That prospect comes from a “strategic supply agreement” announced by Waymo and B2U Storage Solutions on June 4. B2U has been repurposing thousands of used batteries from various electric vehicles by installing them in large stationary energy storage projects. Such energy storage facilities can capture excess renewable energy during low demand periods and release such energy when local power grids are experiencing peak demand periods.

“Our business is getting the full residual value out of electric vehicle batteries after they're no longer suitable for automotive use,” Freeman Hall, CEO of B2U Storage Solution, told Ars. “Waymo puts a lot of miles on EVs and their model is expanding rapidly, and so we're just very pleased and honored to be able to work with them.”

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Tesla expands ‘Robotaxi’ to entire Austin metro — but still has only ~20 vehicles

Tesla announced today that its unsupervised “Robotaxi” service now covers the entire Austin metro area, a significant expansion of its geofenced operating zone.

It’s a notable milestone on paper, but the actual fleet serving this massive area remains tiny — just ~20 active unsupervised vehicles, according to the latest data, a number that has actually been shrinking.

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Waymo starts offering rides in new Ojai robotaxi with 6th-gen Driver

Waymo is beginning to offer select riders trips in its new purpose-built Ojai robotaxi, debuting the company’s 6th-generation Driver hardware across San Francisco, Los Angeles, and Phoenix. Trips will be free for a limited time.

The Ojai represents a significant step for Waymo, which has now surpassed 20 million fully autonomous trips across 11 cities — a scale that no competitor comes close to matching.

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