Waymo reportedly raising a $16 billion funding round

Waymo has New $16 billion funding round almost finalized According to the Financial Times, the robotaxi company would be valued at $110 billion. More than three-quarters of that funding will reportedly come from a source closer to home — Alphabet, where Waymo is a subsidiary. (The company was incubated as part of Alphabet’s “Moonshot Factory”.)…

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Verily is closing its medical device program as Alphabet shifts more resources to AI

The life science hand of the alphabet really put the employees and ended their entire equipment program on Monday. CEO Stephen Gillett announces “difficult decisions” to air the program Staff memoAccording to Business Insider. “Over the years, Worli has created a heritage in developing world -class, innovative medical devices,” Gillett has written that “Path forward…

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