Waymo announced the expansion of its robotaxi service to four undisclosed U.S. cities on February 25, 2026. This move scales commercial operations beyond the company's existing presence in Phoenix and San Francisco.
The expansion aims to solidify Waymo’s leadership in the autonomous vehicle market. This development establishes a clearer revenue path for Alphabet’s long-term investments and may impact the parent company's valuation.
The rollout intensifies competition with rivals like Tesla in the race to deploy self-driving technology at scale. Immediate market reaction remains uncertain amid broader market caution.