| SAN FRANCISCO
SAN FRANCISCO Dec 13 Alphabet Inc's
Google self-driving car project will become an independent
entity within the technology company called Waymo, executives
said on Tuesday.
The announcement marks a crucial step in the development of
Google's high-profile program, now in its seventh year. It has
been at the forefront of self-driving technology, but faces
increased competition from rivals.
"It's an indication of the maturity of our technology," John
Krafcik, the project's chief executive, told reporters. "We can
imagine our self-driving tech being used in all sorts of areas."
(Reporting By Alexandria Sage; Editing by Bernard Orr)