Alphabet invests another $5 billion in self-driving startup Waymo

Enlarge / If you live in San Francisco, you might start to see these Waymo Zeekrs driving around. (credit: Waymo)

Google's parent company, Alphabet, will invest another $5 billion over the next few years in its autonomous driving operation, Waymo. Alphabet CTO Ruth Porat announced the news during the company's quarterly financial results call with investors on Tuesday evening. "This is consistent with enabling Waymo to build the world's leading self-driving technology," Porat said.