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Overseas research institutions anticipate that Waymo, a leading player in autonomous driving, will achieve a valuation of $75 billion by next year, prompting a reevaluation of the worth of Robotaxi services within the industry. Consequently, the valuation of the domestic firm Luobo Kuaipao is now considered to be nearing $40 billion. JP Morgan's latest research report reevaluates Baidu's cloud and autonomous driving businesses, assigning the company a valuation of $79.6 billion. Renowned investor Cathie Wood has emphasized that within the next decade, Waymo, Baidu, and Tesla will emerge as the three key players capable of scaling up the deployment of Robotaxi services. Notably, she has consecutively increased her holdings in Baidu sevenfold, effectively doubling her position within just three months.
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