Google spent over $1bn on self-driving technology: Report

San Francisco: Google has been reluctant about sharing how much it spends on self-driving technology but now, the number — over $1 billion — has been accidentally revealed while reviewing documents in the ongoing legal tussle between Google’s Waymo and Uber. Google spent a whopping $1.1 billion on developing its self-driving software and hardware, says […]

San Francisco: Google has been reluctant about sharing how much it spends on self-driving technology but now, the number -- over $1 billion -- has been accidentally revealed while reviewing documents in the ongoing legal tussle between Google's Waymo and Uber.

Google spent a whopping $1.1 billion on developing its self-driving software and hardware, says the recent deposition of Shawn Bananzadeh, a financial analyst at Waymo which was first reported by IEEE Spectrum's Mark Harris.