Waymo targets international expansion after $16 billion round
Waymo raised $16 billion at a $126 billion valuation to scale its robotaxi fleet, with plans to expand into over 20 additional cities internationally by 2026.
Saturday, October 17, 2026
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Waymo raised $16 billion at a $126 billion valuation to scale its robotaxi fleet, with plans to expand into over 20 additional cities internationally by 2026.
SpaceX has acquired xAI in a deal valuing the combined entity at $1.25 trillion, with plans to develop space-based data centers to address terrestrial power limitations.
Breakthrough Ventures has raised $2 million to launch a nationwide accelerator program providing grant funding and follow-on investment to student and recent graduate entrepreneurs.
Birmingham, Alabama-based Linq raised $20 million in Series A funding to pivot its messaging API into an infrastructure layer for AI agents.
January saw five new European unicorns emerge, signaling continued investor appetite for high-valuation tech startups despite the current market climate.
Waymo is reportedly nearing a $16 billion funding round that would value the autonomous vehicle company at $110 billion, with Alphabet providing the majority of the capital.
Nvidia CEO Jensen Huang dismissed reports of friction with OpenAI, confirming the company will participate in the startup's upcoming funding round.
Kofi Ampadu has left a16z, marking a potential end to the firm's Talent x Opportunity program, which was previously paused amid broader industry shifts away from diversity commitments.
OnlyFans is reportedly considering selling a 60% majority stake to investment firm Architect Capital in a deal that would value the platform at $5.5 billion.
Reports suggest Elon Musk is exploring potential mergers between SpaceX, Tesla, and xAI, with a possible SpaceX-xAI combination occurring ahead of a planned June Initial Public Offering (IPO).
OpenAI is reportedly seeking $100 billion in new funding, with Amazon potentially contributing at least $50 billion to the deal, which could close by Q1.
Apple has acquired Israeli startup Q.ai in a deal valued at nearly $2 billion, marking the tech giant's second-largest acquisition to date.
Upwind Security raised $250 million at a $1.5 billion valuation, aiming to expand its inside-out runtime cloud security platform following 900% year-over-year revenue growth.
Tesla has invested $2 billion in Elon Musk’s xAI, a move expected to close in the first quarter despite previous shareholder opposition to the deal.
Outtake raised a $40 million Series B round to scale its agentic cybersecurity platform, which automates the detection and removal of digital identity fraud and impersonation.
A bankruptcy judge approved MicroVision’s $33 million acquisition of Luminar’s lidar business, rejecting a higher but legally flawed mystery bid.
Handshake has acquired data-auditing startup Cleanlab in an acqui-hire, bringing nine employees aboard to bolster its AI data-labeling research capabilities.
California-based Modelence raised a $3 million seed round led by Y Combinator to build an all-in-one infrastructure framework for AI-generated applications.
Standard Nuclear raised $140 million to supply nuclear fuel, though the company could face challenges if the broader small modular reactor market fails to scale.
Redwood Materials raised $425 million in a late-stage funding round, pushing its valuation north of $6 billion as it scales energy storage for AI data centers.