BOOMING AUTONOMOUS DELIVERY INDUSTRY
COVID-19 Accelerating Autonomous Deliveries Source: Waymo Big Investor Money Pouring In COVID-19 is accelerating a big shift in the global autonomous driving industry. Business is booming in the autonomous delivery of packages, not the autonomous driving of people. Companies like self-driving technology company Waymo are enjoying a huge boom in its business of package deliveries and a big influx of capital from investors. Fresh Capital Big players like Waymo, which is owned by Google's parent company Alphabet, are getting a big jump in funding. Waymo now has $3 billion in fresh capital after expanding its first funding round. It just raised $750 million in mid May. According to Reuters' analysis, investors have poured $6 billion into two dozen companies involved in autonomous deliveries in the past seven months. The technology ranges from drones to big, autonomous trucks. Global Phenomenon: Future of Travel. T...