Waymo recalled 1,200 robotaxis after repeated crashes with road barriers, filings show
The move came amid an ongoing federal investigation into the safety of its automated driving system.
The recall affected 1,212 vehicles equipped with Waymo's fifth-generation self-driving software and stemmed from at least 16 reported low-speed incidents between 2022 and late 2024.
According to filings with the National Highway Traffic Safety Administration, none of the collisions resulted in injuries.
'The issue has been addressed in our latest ADS software, which has been deployed across the fleet,' the company said in a statement.
As of December, Waymo completed the rollout of its sixth-generation software to its entire fleet.
The federal agency launched a preliminary investigation into Waymo's system in May 2024 after receiving reports of vehicles striking visible objects that 'a competent driver would be expected to avoid.'
The agency said its review included 22 such incidents, and the inquiry remains open.
'Waymo has updated the ADS software, free of charge,' the recall notice said. 'All affected vehicles were repaired by December 26, 2024.'
The company said the filings were made public 'to fulfill relevant regulatory reporting obligations.'
The company currently operates more than 1,500 autonomous vehicles in San Francisco, Phoenix, Los Angeles and Austin.
'Waymo provides more than 250,000 paid trips every week in some of the most challenging driving environments in the U.S.,' spokesperson Ethan Teicher said in a statement. 'Our record of reducing injuries over tens of millions of fully autonomous miles driven shows our technology is making roads safer.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
1 Monster Stock to Hold for the Next 5 Years
Key Points With billions of users across its very popular internet platforms, this business has developed durable competitive advantages. The management team is fully focused on AI, with growing financial investments supporting this strategy. Investors will be pleased to know that shares trade at a below-market valuation multiple. 10 stocks we like better than Alphabet › The best investors know that high-quality companies should be owned for the long haul. That typically means it's a smart idea to have a time horizon that spans several years, as opposed to trying to figure out what to do with your money over the next few weeks or months. A long-term outlook allows compounding to work its magic, which helps generate wealth. With that perspective in mind, investors can look at historical winners to find potential future opportunities. Here's one monster stock investors should buy and hold for the next five years. Its shares have climbed a jaw-dropping 499% just in the past decade (as of Aug. 15). Dominating the internet The stock investors should buy and hold for five years is Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). This dominant internet enterprise owns Google Search, YouTube, Waymo, Chrome, Android, Google Cloud, and many other properties. It has billions of users and raked in $96 billion in revenue in the second quarter. Thanks to all of its popular products and services, Alphabet has multiple sustainable competitive advantages that make up its wide economic moat. It's able to collect vast amounts of data that help improve the quality of its offerings. Network effects underpin platforms like Search and YouTube, with more users and usage leading to a better experience over time. And the Google brand is extremely powerful. There are cost advantages at play. For instance, Google Cloud is able to leverage its investments in expensive infrastructure as it scales up revenue, leading to improving profitability. And this segment benefits from switching costs, as customers develop workflows and integrations that make it difficult to leave. AI at the forefront Alphabet is already a leader in artificial intelligence (AI). While investors still seem worried about AI's impact on the search business, it's worth mentioning that the AI Overviews feature now has 2 billion monthly active users. This search capability is also monetizing at the same rate as traditional search. The business also develops its own AI models under the Gemini name. And it makes its own AI chips called Tensor Processing Units. Alphabet can only invest aggressively in AI initiatives because of its financial strength. Other companies wish they were so fortunate. Last quarter, the business generated $28 billion in net income, translating to a net margin of 29%. And as of June 30, Alphabet had $95 billion of cash, cash equivalents, and marketable securities on the balance sheet, substantially more than the $24 billion of long-term debt it carried. This allows the leadership team to spend like there's no tomorrow. Alphabet now plans to have $85 billion in capital expenditures this year, up from a prior target of $75 billion just three months ago. That figure is expected to increase in 2026. Past and future winner Just in the last five years, shares of Alphabet are up 174%. That gain was propelled by diluted earnings per share (EPS) that soared between Q2 2020 and Q2 2025. While I don't believe investors should expect a similar share price gain between now and 2030, this still looks like a great buying opportunity. The stock trades at a price-to-earnings ratio of 22. Not only does this multiple make Alphabet the cheapest of all the "Magnificent Seven" positions, but it's also a meaningful discount to the overall S&P 500 index. I think the company should be able to post double-digit EPS growth for the foreseeable future, with added upside from a valuation perspective. Investors shouldn't hesitate to scoop up shares of Alphabet today. It wouldn't be surprising to see this monster stock double over the next five years. Should you buy stock in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. 1 Monster Stock to Hold for the Next 5 Years was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Digital Trends
4 hours ago
- Digital Trends
Atlanta's robotaxi fans spark a quirky Uber trend
Waymo partnered with Uber a couple of months ago to offer robotaxi rides in Atlanta, with the autonomous-car company reportedly deploying dozens of fully driverless vehicles for paying passengers in the city. But while Waymo offers its service in other locations via its Waymo One app, in Atlanta it's currently only offering robotaxi rides via the Uber ride-hailing app. And that's led to a quirky new habit among some riders. Recommended Videos As reported by Business Insider (BI), those keen to hop in a Waymo robotaxi are now in the habit of canceling human drivers on the app until it serves up a robotaxi. One rider said he even spent a whole hour rejecting rides until he was able to secure a Waymo robotaxi, adding that on average he has to reject around 20 human drivers on Uber before he can get a Waymo car to collect him. And that was despite setting an option in the Uber app that lets it know you prefer to ride in an autonomous taxi. 'These driverless vehicles seem to be amassing a contingent of enthusiasts who prefer them over human drivers,' BI said in its report. Another robotaxi fan who's in the habit of canceling Uber drivers until he gets a Waymo pickup said that he's started to notice the kinds of rides that Waymo seems to go for. For example, they'll cost under $12 and won't require heading to a freeway. An Uber spokesperson confirmed this with BI, saying that riders can increase the likelihood of getting a Waymo car by avoiding trips that would ordinarily involve hitting a freeway, riding outside busy times like evenings and weekends, and ensuring the ride is within the 65-square-mile Atlanta service area currently applied to Waymo's autonomous taxi trips. Canceling human drivers in pursuit of Waymo rides appears to indicate a growing interest and enthusiasm for autonomous rides, though for now at least, the vast majority of Uber rides are still taken care of by living, breathing humans … much to their relief, no doubt.
Yahoo
9 hours ago
- Yahoo
Why TeraWulf Stock Soared Again Today
Key Points After announcing a huge deal last week, TeraWulf said today that Google is now expanding the deal. Google will now back up to $3.2 billion in exchange for stock warrants that would give Google a roughly 14% stake in the company. TeraWulf also announced a $400 million raise that could dilute the stock. 10 stocks we like better than TeraWulf › Shares of TeraWulf (NASDAQ: WULF) jumped Monday, finishing the day up 4.6%. The spike comes as the S&P 500 and Nasdaq Composite were little changed. TeraWulf, a Bitcoin miner and high-performance computing (HPC) data center company, announced that Alphabet's Google has committed to providing an additional $1.4 billion in backstop after announcing it would guarantee $1.8 billion last week. TeraWulf expands its deal TeraWulf announced a major deal last week with Fluidstack, an artificial intelligence (AI) cloud provider. TeraWulf will provide 200 megawatts of compute power at its data center in New York. As part of the deal, Google said that it would guarantee up to $1.8 billion if Fluidstack fails to make good on its lease obligations. That number is now $3.2 billion. Google will be awarded stock warrants that would give it a roughly 14% stake in TeraWulf if exercised. This backstop will help TeraWulf finance a major data center expansion, giving creditors more faith if things go south. AI Data center building is white hot There is a gap between the amount of computing supply for AI and demand. That is leading to an enormous race to build new capacity, and companies like TeraWulf are reaping the benefits. They are, however, still unprofitable, and these buildouts are insanely expensive. They are relying on heavy amounts of debt to finance their growth, making them extremely sensitive to any significant downturns in AI demand. The company is also using stock sales to raise capital, announcing today that it will raise $400 million in a private placement that is likely to dilute shareholder value. I would avoid TeraWulf and other data center companies like it. Should you invest $1,000 in TeraWulf right now? Before you buy stock in TeraWulf, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and TeraWulf wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. Why TeraWulf Stock Soared Again Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
