Waymo Partners with Avis for Dallas Expansion; Apple Invests in Detroit Project; WhiteFiber Files for IPO

Thursday, Jul 31, 2025 1:10 pm ET1min read

Waymo, Alphabet's robotaxi service, is expanding into Dallas through a partnership with Avis Budget Group. The multi-year deal will allow riders to hail Waymo's self-driving taxis through the Avis app. Additionally, Apple is reportedly investing in a new project in Detroit, and WhiteFiber, a fiber-optic internet provider, is planning an initial public offering (IPO).

Waymo, the autonomous driving division of Alphabet Inc., is set to expand its robotaxi service to Dallas through a strategic partnership with Avis Budget Group. The multi-year deal, announced on July 1, 2025, will enable riders to hail Waymo's self-driving taxis via the Avis app. This expansion marks a significant step in Waymo's mission to bring autonomous mobility to more cities [1].

The partnership with Avis Budget Group will see the latter manage the fleet, including vehicle cleaning and maintenance. "Our partnership with Waymo marks a pivotal milestone in our evolution, from a rental car company to a leading provider of fleet management, infrastructure and operations to the broader mobility ecosystem," said Avis Budget Group CEO Brian Choi. The company aims to make scaled autonomous mobility a reality for the people of Dallas, with plans to expand to additional cities in the near future [1].

In addition to this news, Apple is reportedly investing in a new project in Detroit. Details about the project are still under wraps, but the move underscores Apple's continued interest in the automotive industry. The company has been exploring electric vehicles and autonomous driving technologies, potentially positioning itself as a major player in the future of transportation [2].

Meanwhile, WhiteFiber, a fiber-optic internet provider, is planning an initial public offering (IPO). The company aims to leverage the growing demand for high-speed internet services, particularly in rural and underserved areas. WhiteFiber's IPO is expected to provide investors with an opportunity to participate in the growing market for broadband infrastructure [3].

These developments highlight the ongoing evolution of the transportation and technology sectors, with companies innovating to meet the changing needs of consumers and investors alike.

References:
[1] https://www.cnet.com/roadshow/news/waymo-is-expanding-to-dallas-everything-to-know-about-the-robotaxi/
[2] https://www.bloomberg.com/news/articles/2025-07-02/apple-reportedly-investing-in-detroit-project
[3] https://www.techcrunch.com/2025-07-02/whitefiber-plans-ipo/

Waymo Partners with Avis for Dallas Expansion; Apple Invests in Detroit Project; WhiteFiber Files for IPO

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