Tech
Los Angeles Dodgers fans celebrate in downtown Los Angeles as their team clinches another World Series title
A Los Angeles Dodgers fan stands on top of a Waymo as fans in downtown Los Angeles celebrate their team’s World Series title (Jason Armond/Getty Images)
Waymo Vehicles

Waymo to expand to Minneapolis, Tampa, and New Orleans

Waymo currently operates in five cities with plans for 20, while Tesla operates in two with named plans for seven so far.

Rani Molla

It’s been a big week for autonomous cars, and it’s only getting bigger.

Right on the heels of announcing this week that its driverless cars would be available to the public next year in five more markets — Miami, Dallas, Houston, San Antonio, and Orlando — Google’s Waymo said Thursday that it’s also planning to expand to Minneapolis, Tampa, and New Orleans. It will begin manual testing there in the “coming days.”

Currently in five cities in the US, Waymo already plans to more than quadruple that number, and says there’s “more to be announced.”

The company did not provide a time frame for the most recent announced expansion, but typically Waymo follows a set of procedures in each city: it reveals that it will expand to that market, tests with — and then without — drivers, and finally opens to the public.

The time between Waymo announcing its expansion to a city and actually opening to the public in that city has been getting shorter. Most recently, Waymo became available through the Uber app in Atlanta in June, less than a year after the company said it would expand there.

Waymo’s biggest competitor, Tesla, also made some big progress this week. It got approval to launch its robotaxi service in Phoenix — one of the markets it said during its annual shareholder meeting that it was expanding to in addition to Las Vegas, Dallas, Houston, and Miami.

Currently, Tesla operates a ride-hailing service in Austin, with a safety monitor in the passenger seat, and in the Bay Area, with a driver using supervised Full Self-Driving tech. As of this week, the app is no longer invite-only in those cities but is now open to the iPhone-holding public. On the last earnings call, CEO Elon Musk said the company planned to operate in 8 to 10 markets by the end of the year.

More Tech

See all Tech
tech

OpenAI files confidentially for IPO

Today OpenAI announced it has filed confidentially with the SEC to go public. The company said in a blog post that it filed the draft S-1 form.

OpenAI’s filing comes a week after arch-rival Anthropic — now valued at $965 billion — also filed a confidential S-1 for its own public offering. Both IPOs are expected to be among the largest in US history.

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

South by Southwest Conference and Festivals

The number of Tesla Robotaxis on the road has been going down

That’s the wrong direction for a business trying to scale its autonomous vehicles.

tech

Intel shares soar on report of Google chip deal, possible future Nvidia business

Shares of Intel soared in early trading on a report that Google and Nvidia are considering turning to the chipmaker as a backup supplier to TSMC, as surging demand continues to outpace supply.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.