Alphabet Weighs Waymo Funding And Project Genie Against Valuation And Risks
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Waymo, Alphabet’s self driving unit, is reportedly close to securing a $16b funding round that would value the business at about $110b.
The funding talks follow a robotaxi incident involving a child, which has drawn federal safety scrutiny and renewed regulatory attention.
Separately, Google has launched Project Genie, an AI model that can generate interactive 3D worlds and experiences, drawing interest from the gaming and digital content industries.
Alphabet (NasdaqGS:GOOGL) sits at the center of these developments, with its share price recently at $338.0. The stock has returned 3.1% over the past week and 7.3% over both the past month and year to date, alongside a very large 1-year gain of 66.3%. Over a 3-year period, the return is around 3x, and over 5 years it is also a little more than 3x, highlighting how much investor attention the company has drawn.
For you as an investor, these stories matter because they touch both risk and opportunity for Alphabet in areas beyond its core ad business. Waymo’s funding and regulatory spotlight and Project Genie’s potential impact on game and experience creation could each influence how markets think about the breadth and complexity of Alphabet’s business profile.
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Why Alphabet could be great value
⚖️ Price vs Analyst Target: At US$338, Alphabet trades about 1.9% below the US$344.47 analyst target, which is well within the 10% band.
⚖️ Simply Wall St Valuation: Simply Wall St flags Alphabet as trading close to its estimated fair value.
✅ Recent Momentum: The stock has gained about 7.3% over the past 30 days.
Check out Simply Wall St’s in depth valuation analysis for Alphabet.
📊 A US$16b funding round at a reported US$110b valuation for Waymo reinforces how much capital is being tied to Alphabet’s self driving effort, while fresh regulatory scrutiny keeps execution in focus.
📊 Project Genie puts Alphabet directly in the AI content creation conversation for gaming and 3D experiences, so you may want to watch for adoption metrics, partner announcements and any revenue disclosures tied to these tools.
⚠️ The robotaxi incident and federal attention spotlight regulatory and reputational risk that could affect timelines or economics for autonomous ride hailing.