The self-driving car project — founded in 2009 — is graduating from the Google X moonshot lab to become an independent Alphabet company.
The Google self-driving car project is spinning out of the X moonshot lab and officially becoming an Alphabet company.
The new company is called Waymo, John Krafcik, whose current title is the CEO of the self-driving project, told reporters at a press event on Tuesday. Krafcik described the company as a self-driving technology company “with a mission to make it safe and easy for people and things to move around.”
“We’re now an independent company within the Alphabet umbrella,” Krafcik said. “We’ve now completed with that process.”
Since its inception, the company has driven more than two million real-world miles but had yet to make clear what the path to market would be.
In that time, the project has seen a number of big departures — including a few of the co-founders like Sebastian Thrun and Anthony Levandowski, who left to found self-driving trucking company Otto. The project also saw the very recent exit of CTO Chris Urmson who, as we reported, is starting a competing self-driving company.
“We’ve taken over 10,000 trips with Googlers and guests in the cities where we’re currently driving right now,” Krafcik said. “I think that’s a really important point. We’ve had a lot of different users and we’ve been listening carefully on how to improve self-driving technology.”
This is developing…