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Waymo approved to start testing autonomous vehicles at San Francisco International Airport

1. Waymo received a permit for autonomous vehicle testing at SFO. 2. Three testing phases will lead to paid rides at the airport. 3. SFO is significant for Waymo due to its proximity to Silicon Valley. 4. Waymo plans further expansion in service areas and partnerships. 5. The company aims to begin commercial services soon.

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FAQ

Why Bullish?

Waymo's advancements reflect positively on Alphabet's innovation and market position, similar to past successful expansions.

How important is it?

Innovations in autonomous driving could enhance GOOG's technological portfolio and market share.

Why Long Term?

This move initiates a long-term growth strategy for Waymo, potentially increasing GOOG's valuation over time.

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