Google's Self-Driving Car Project Becomes Stand-Alone Unit, Gets New Name: Meet Waymo

ADVERTISEMENT

The Google self-driving car has already split from the search company after Alphabet decided that it should be a separate entity with its own business unit under Alphabet, Google’s parent company. It also assumed a new name and it is now called Waymo.

These fresh developments signify that the driverless car is nearly poised for official launch. To get things going further, Alphabet has appointed John Krafcik as Waymo’s CEO. He used to head Hyundai North America and is now steering Waymo toward achieving commercial viability.

According to the Wall Street Journal, Waymo is officially a standalone business unit and the expectation is that it will soon be earning money.

“The Google self-driving car project is now Waymo,” the Google page dedicated for the initiative now declares. “Waymo stands for a new way forward in mobility. We are a self-driving technology company with a mission to make it safe and easy for people and things to move around.”

Waymo Milestone

While announcing Waymo’s debut, Krafcik highlighted his company’s self-driving car project as it completed a historic journey around Austin, Texas.

There was a lone passenger on board, Steve Mahan, without any technicians or escorts to help him out. He was utterly alone, with Waymo doing all the work, navigating the traffic to get him to his destination.

Mahan is blind.

According to Google engineers the 10-minute ride, though uneventful, is a milestone for Google and human transport in general.

Mahan has already tried the driverless car in the past. But he was always accompanied by someone to ensure his safety and to monitor the vehicle as it navigated intersections, traffic stops, pedestrians, and alleys. Now, the car has fulfilled its utility as a truly driverless human transport.

Waymo And Other Self-Driving Car Technology

Aside from its own driverless car product, Waymo is also working with other auto companies for their own self-driving vehicles. For example, Waymo is said to be within the “build phase” of outfitting sensors into the Chrysler Pacifica. This is aligned with what other players in the self-driving car segment are doing today.

Uber is a case in point. The ride-hailing service is currently working with Ford and Volvo in its attempt to build its own fleet of autonomous vehicles. Waymo also stands to compete with proprietary self-driving technologies being developed by the likes of Volkswagen, Tesla, and General Motors.

At this point, Waymo has refused to reveal the commercial launch schedule although previous pronouncement states it will be ready in a few years’ time. Some observers believe that if the company takes its time, it will be relegated into the also-ran category. The recent Waymo announcement, however, will at least dominate the news cycle in a few days or so, pushing Google’s driverless tech back into the public consciousness.




© 2016 Tech Times, All rights reserved. Do not reproduce without permission.

(Via TechTimes)

ADVERTISEMENT

ADVERTISEMENT
Just in:
TPBank and Backbase Clinch ‘Best Omni-Channel Digital CX Solution’ at the Digital CX Awards 2024 // GE Jun, Chairman and CEO of TOJOY, Delivers an Inspiring Speech: “Leaping Ahead Again” // Crypto Market Poised for Boom as Baby Boomers Embrace Bitcoin ETFs // Nano-Care Deutschland AG launches next generation of sustainable PFAS-free oleophobic coatings // AVPN Charts Path Forward at 2024 Global Conference // Prince Holding Group’s Chen Zhi Scholarship Clinches Silver Stevie for CSR Excellence at Asia-Pacific Stevie Awards // PolyU forms global partnership with ZEISS Vision Care to expand impact and accelerate market penetration of patented myopia control technology // NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally // Downpours in Oman and UAE Likely Amplified by Warming Planet // UN Commends Vietnam’s Progress on Climate Goals // Andertoons by Mark Anderson for Thu, 25 Apr 2024 // World Intellectual Property Day: OPPO Maintains Top 10 Global IP Ranking for Fifth Consecutive Year // Andertoons by Mark Anderson for Fri, 26 Apr 2024 // Liverpool FC continues international growth with first official retail partnership in South Korea // DIFC Courts Cement Role as Top English Dispute Resolution Choice // World Football Federation Secures Sponsorship From Saudi Oil Giant // Galaxy Macau’s Sakura Cultural Festival Kicked off in Splendor // ByteDance Eyes US Shutdown for TikTok // Emirates to Embrace Electric Seaglider Travel // Abu Dhabi Secures US$5 Billion in Fresh Funding //