Investor letter reveals skyrocketing growth of Waymo’s robotaxi rides

In Brief

Six months ago, Waymo disclosed it was providing 250,000 robotaxi rides a week crossed its work areas, an ever-growing database that includes Atlanta, Austin, Los Angeles, Phoenix, and the San Francisco Bay Area.

The Alphabet-owned self-driving institution has been coy ever since, simply stating it is galore hundreds of thousands of play rides. Now, we person a firmer grasp connected those play thrust numbers, acknowledgment to a leaked missive from Tiger Global Management to it investors that was first reported by CNBC.

The missive was an entreaty for investment into Tiger Global’s adjacent task superior fund and called retired the gains, truthful far, of its existent fund. Those gains rested mostly connected its investments successful blistery companies similar OpenAI, Databricks and Waymo. In the letter, Tiger disclosed that Waymo is present providing 450,000 robotaxi rides per week — astir treble the magnitude it disclosed this spring.

That fig volition emergence arsenic the institution continues its assertive rollout strategy, too. Waymo, which provides commercialized robotaxi work successful 5 cities, has announced plans to motorboat successful 12 further cities successful 2026, including Dallas, Denver, Houston, Nashville, and San Diego.

A Waymo spokesperson declined to comment.

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