Waymo Seeking Over $15 Billion Near $100 Billion Valuation (1)

Waymo, Alphabet Inc.’s autonomous driving unit, is in discussions to raise more than $15 billion at a valuation near $100 billion, in a financing round led by its parent company.

The maker of robotaxis has discussed raising billions in equity from external backers as well as Alphabet, said the people, who asked not to be identified because the discussions are private.

Waymo and its would-be financial backers have weighed a valuation as high as $110 billion, though the amount raised and final value have yet to be determined, some of the people said.

The prior investment round, in ...