Monday, May 15, 2017

Lyft and Waymo Reach Deal to Collaborate on Self-Driving Cars - The New York Times

Also see Alphabet’s Waymo Teams Up With Lyft to Test Autonomous Cars (Bloomberg), which notes "Alphabet’s venture capital arm counts Uber as its largest investment, but tensions rose after Alphabet showed interest in developing a competing ride-hailing service."
"The partnership highlights the fluid nature of relationships in the self-driving-car sector. From technology companies to automakers to firms that manufacture components, dozens of players are angling for a slice of an autonomous vehicle market that many believe will ultimately be a multibillion-dollar industry. To gain an edge and outmuscle rivals, many of these players are forming alliances — and sometimes shifting them. 
The deal between Waymo and Lyft has competitive implications for Uber, the world’s biggest ride-hailing company, which has recently had to confront a spate of workplace and legal problems."
Lyft and Waymo Reach Deal to Collaborate on Self-Driving Cars - The New York Times

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