Waymo to focus on ride-hailing services, pushes back autonomous trucking efforts

FILE PHOTO: A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. REUTERS/Paresh Dave/File Photo

(Reuters) - Alphabet Inc's Waymo is focusing on its ride-hailing service, Waymo One, while pushing back its efforts to develop commercial autonomous trucking technology, the self-driving unit said on Wednesday.

Autonomous driving software has come under strong regulatory scrutiny at a time when investors are concerned about heavy investments in the technology amid protracted development timelines.