Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Waymo escalated its war against Uber Technologies over the weekend: Waymo and Uber arch-rival Lyft announced that they have struck a deal to work together to develop autonomous-vehicle technology.
Waymo and Lyft didn’t say much beyond that. Here’s what we know, and how this is likely to play out.
Waymo’s growing fleet of self-driving Chrysler Pacifica Hybrid minivans could be put to work with Lyft later this year. Image source: Alphabet.