Alphabet (NASDAQ: GOOGL) is facing some investor anxiety as multiple Waymo self-driving cars were attacked during protests in Los Angeles over the weekend. An Alphabet subsidiary, Waymo has been considered an important piece in the company’s future growth strategy, so public relations setbacks could result in short-term volatility and monetary losses, as Each Waymo vehicle costs between $100,000 and $200,000.California is also one of the company’s key predicted markets. For instance, Waymo covers around 20% ...

Pony AI is developing autonomous vehicle technology to be deployed on robotaxis, trucks, and everyday owned vehicles. It is focused on large cities in China, such as Shenzhen and Beijing. Shares soared last month because of partnership announcements with Uber and Tencent Holdings. Uber is now a strategic partner with Pony AI and hopes to deploy the technology for ridesharing in a Middle East market shortly. The Tencent partnership is with Tencent Cloud. In the early stages of its business model, Pony AI gen ...