Google’s self-driving car project is now a new company called Waymo

Google today announced that it’s spinning off its nearly 8-year-old self-driving car division and making it a division of its parent company, Alphabet. It will now operate under the new company name Waymo under the leadership of chief executive John Krafcik, formerly president and chief executive of Hyundai North America.
“We’re a self-driving technology company with a mission to make it safe and easy for people and things to move around,” Krafcik wrote in a Medium post.