Alphabet, the parent company of Waymo, a self-driving car unit, is in talks to sell its stake in the Japanese startup Tier IV, which develops autonomous driving technology. Bloomberg reported, citing sources familiar with the matter. According to them, Alphabet is considering selling its stake, valued at around $100 million. This deal could be part of the company's strategy to optimize its portfolio of assets in the autonomous driving sector. Waymo, an Alphabet subsidiary, is one of the leaders in developing technology for fully autonomous vehicles. The company is actively testing its cars in several US cities and is preparing to launch commercial services. The startup Tier IV, founded in Japan in 2015, develops open-source software platforms for autonomous vehicles and robots. The company has gained significant attention in Asia due to its innovative developments. It is expected that the negotiations between Alphabet and Tier IV will be completed in the coming months. The terms of the deal and its exact timeline have not yet been disclosed. This news highlights the high dynamism of the self-driving technology market and the active involvement of major tech companies in this sector.
