Alphabet (GOOGL) Has A $5 Billion Waymo Loan And A $50 Billion AI Bet

Alphabet (NasdaqGS:GOOGL) subsidiaries Waymo and Isomorphic Labs are pursuing major new funding moves in autonomous driving and AI drug discovery. Waymo has lined up US$5b in debt financing to support an international expansion of its robotaxi operations outside the US. Isomorphic Labs is reported to be targeting a US$40b to US$50b valuation in its next capital raise focused on AI driven drug design. Waymo's US$5b financing and Isomorphic Labs' targeted US$40b to US$50b valuation merit...

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