Apple Spent Billions Chasing A Self-Driving Car, Then Walked Away—Waymo Now Bought The Test Site For $220 Million

Alphabet Inc.-backed (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo has reportedly acquired Apple Inc.‘s (NASDAQ:AAPL) self-driving proving facility in Arizona for $220 million.
Waymo Acquires Apple Facility
On Monday, the Phoenix Business Journal first reported that Waymo acquired the property from Delaware-based Route 14 Investment Partners LLC, which is associated with Apple. The 5,500-acre facility includes a 115-acre city course, as well as a four-mile oval track and a freeway course.



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Waymo didn’t immediately respond to Benzinga‘s request for comment.
Apple acquired it for $125 million in 2021, with the Cupertino-based giant undertaking development efforts for proprietary self-driving tech