Google spent at least $1.1 billion on self-driving cars before it became Waymo (GOOGL)

September 15, 2017
35 Views

We finally have an idea of how much Google has poured into self-driving cars.

Between 2009 and 2015, Google spent at least $1.1 billion to develop the tech powering its self-driving cars, IEEE Spectrum’s Mark Harris first reported. The details were made public in a court filing that shows the August 24 deposition of Shawn Bananzadeh, a financial analyst at Waymo, the self-driving car company that was spun out of Google.

Bananzadeh was testifying as part of Waymo’s lawsuit against Uber, which claims the ride-hailing company stole intellectual property and trade …read more

You may be interested

Massive whale carcass dug up on NSW beach – 9news.com.au
australia
shares29 views
australia
shares29 views

Massive whale carcass dug up on NSW beach – 9news.com.au

doyelteam - Sep 25, 2017

9news.com.auAn 18-tonne humpback whale carcass that has been decomposing since it was buried at a NSW mid-north coast beach last…

Gas supply shortfall warning for 2018 – The Australian
australia
shares27 views
australia
shares27 views

Gas supply shortfall warning for 2018 – The Australian

doyelteam - Sep 25, 2017

The AustralianLabor energy spokesman Mark Butler has accused Malcolm Turnbull of “continuing to fudge and delay” in addressing the gas…

Police release CCTV after hit-and-run driver kills teenager – Daily Telegraph
australia
shares35 views
australia
shares35 views

Police release CCTV after hit-and-run driver kills teenager – Daily Telegraph

doyelteam - Sep 25, 2017

Daily TelegraphTHE grieving mother of hit-and-run victim Natasha Gadd says she feels like her daughter was left to die twice…