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Story summary
- Waymo, Alphabet's self-driving car subsidiary, is in discussions to raise over $15 billion at a near-$100 billion valuation.
- Alphabet is expected to lead the round to fund fleet expansion amid competition.
- Waymo operates paid robotaxi services without safety drivers in several U.S. cities and has over 2,500 vehicles.
- The funding round underscores Waymo's growing prominence and potential for commercial success despite near-term profitability challenges.
