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Waymo secures $5.6B investment from Google parent company

Waymo service in Phoenix
Christina Estes/KJZZ
Waymo service in Phoenix features fully electric Jaguar I-PACE models.

Waymo driverless cars seem to be here to stay, as the company just announced it has closed on a $5.6 billion investment from chief backer Alphabet — the parent company of Google.

The autonomous ride-hailing service operates in Phoenix, San Francisco and Los Angeles, and will expand to Atlanta and Austin in 2025.

Jill Ryan joined KJZZ in 2020 as a morning reporter, and she is currently a field correspondent and Morning Edition producer.