Skip to content
Subscriber Only
Technology
Hyperdrive

Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts

  • Self-driving Alphabet unit seeks CFO after executives depart
  • Pressure on company as some question strategy for future
relates to Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
Photographer: Caitlin O'Hara/Bloomberg
Updated on
From

Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans.

But Waymo must first quell concerns about a recent string of departures that have raised questions about its strategy and the size of its lead in the field.