#RoadToAutonomy #AutonomyEconomy #Waymo
Alphabet typically will get criticized for overspending on Waymo, when in actuality Alphabet’s spending on Waymo is reasonable when in comparison with it is tech friends.
Meta has spent $48.9 billion constructing the metaverse and Apple reportedly spent $20 billion constructing the Imaginative and prescient Professional. Alphabet however has spent an estimated $30 billion creating Waymo.
To place this into yearly context, Financial institution of America estimates Alphabet spends $1.5 billion a yr on Waymo. In Q2 2024, Meta spent $4.8 billion on Actuality Labs.
Meta spends extra in 1 / 4 constructing the Metaverse than Alphabet spends in a complete yr on Waymo.
Which do you suppose is a greater funding? Tell us within the feedback under.
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Chapters
0:00 Alphabet Spending on Waymo In comparison with Meta and Apple
1:32 Waymo Milestones and Income Projections in California
2:28 Waymo Progress Markets
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