Jan 31 (Reuters) - Alphabet unit Waymo is aiming to raise about $16 billion in a financing round that would value it at nearly $110 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.

In November, Waymo expanded its service area to stretch across more than 260 square miles of the San Francisco Bay Area, and added freeway access for passengers. Riders can now hail a driverless ride to San Jose Mineta International Airport as well as San Francisco International Airport.

A Waymo autonomous Jaguar electric vehicle is seen in Tempe, Ariz., on the outskirts of Phoenix, on Sept. 15. The company is recalling software for its robotaxis after reports that some of them failed to stop for school buses. (Charly Triballeau | AFP via ...

Toyota and Waymo Forge Strategic Alliance. It looks like Toyota and Waymo are teaming up, and honestly, it makes a lot of sense. Toyota, you know, the car giant, is joining forces

The child sustained minor injuries, according to the self-driving company. The NHTSA is looking into the incident and Waymo's response.

Waymo confirms its new van-like robotaxi was under human control during an Echo Park crash

Waymo, the U.S. robotaxi company, is set to launch a fully driverless service in London by late 2026. Backed by Alphabet, Waymo plans this expansion amid a promising regulatory framework in the UK and a competitive autonomous vehicle industry,