Waymo Seeks To Set Itself Apart From Troubled Rival Cruise: 'Safety Is Our Priority'
Portfolio Pulse from Anan Ashraf
Waymo, Alphabet Inc's autonomous driving unit, is emphasizing safety in response to skepticism following an accident involving rival Cruise. Waymo shared an article by ASU Professor Andrew Maynard, citing a study with Swiss Re that suggests Waymo's cars are safer than human drivers. Waymo is conducting ongoing evaluations and will compare its driver with a human specialist in Arizona. Unions have called for federal regulation of autonomous vehicles after a Cruise AV accident.
November 14, 2023 | 5:54 am
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POSITIVE IMPACT
Waymo, owned by Alphabet Inc, is focusing on safety and continuous improvement of its autonomous driving technology, which could positively differentiate it from competitors.
Waymo's emphasis on safety and ongoing evaluations, especially in light of recent accidents involving competitors, could reassure investors and the public, potentially leading to a positive short-term impact on Alphabet's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Waymo, owned by Alphabet Inc, is focusing on safety and continuous improvement of its autonomous driving technology, which could positively differentiate it from competitors.
Waymo's emphasis on safety and ongoing evaluations, especially in light of recent accidents involving competitors, could reassure investors and the public, potentially leading to a positive short-term impact on Alphabet's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80