Waymo's new Google company for self-drive vehicles

Yes, Google will no longer build self-driving cars . Waymo will.

Basically, the Google X auto-drive unit, formerly codenamed Chauffeur, is reportedly becoming an independent company under the Alphabet umbrella. New Waymo CEO Jon Krafcik made the announcement today at a press conference in Califronia.Waymo

As TechCrunch reports, Google's automotive division recently acquired executives from experienced business leaders. Krafcik, who was hired this year, worked for , while former Airbnb and TripAdviser CEO Shaun Stewart was also recently hired to bolster the team.

With the creation of Waymo, Alphabet seems to be trying to promote the new in the real world with the investigation co in the existing car companies, instead of trying to cattakes the human driver factor out of the equation completely.

The move was more likely to be expected, considering Alphabet's raison d'être, which has come to separate Google's functions, but also the delay in the promotion of self-driving by regulators.

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Written by giorgos

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