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TechCrunch Mobility: Applied Intuition’s eye-popping valuation, the new age ofmicromobility, and Waymo’s wild week
Waymo, a leading robotaxi operator with 250,000 rides weekly, is expanding its service area while preparing to test in NYC, contingent on state law changes. Applied Intuition raises $600M, reaching a $15B valuation. The micromobility sector is evolving into viable public transport, and companies are advancing towards profitability amidst a recovery phase.
Key points
- Waymo limits service nationally on June 13 and expands its robotaxi service area by 80 square miles.
- Waymo seeks permission to test autonomous vehicles in NYC but needs state law changes for driverless operations.
- Applied Intuition raises $600 million in Series F funding, increasing its valuation from $6B to $15B.
- Micromobility companies, previously considered nuisances, are transitioning to sustainable transportation options with support from cities.
- Surviving companies in micromobility are prioritizing profitability and expanding services, such as adding e-bikes.
Why it matters
- Waymo's growth reflects broader trends in autonomous vehicle technology and regulatory challenges faced by new transport methods.
- Investment in Applied Intuition indicates a strong demand for software solutions in the burgeoning autonomous vehicle sector.
- The evolution of micromobility aligns with efforts in urban planning and transportation innovation, crucial themes in 2025 IT trends.
The developments in robotaxi services and micromobility highlight crucial shifts in urban transportation, driven by technology and changing public perceptions, signaling a future where these modes coexist with traditional transportation.