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Rani Molla

There could be Waymo cars in New York City as company applies for testing permit

Google’s Waymo has applied for permits to test its self-driving cars in New York City — what the city’s Department of Transportation calls “some of the most challenging urban street environments for an AV.” Waymo plans to have a human driver operate the vehicle at first while it collects data.

The company has been offering paid autonomous ride-hailing in San Francisco, Austin, Los Angeles, and Phoenix, with plans to launch in Atlanta, Miami, and DC. Tesla is set to launch its own robotaxi service in Austin next week.

“Bottom line, using a combination of reconstruction and generation, Waymo is now able to create high fidelity simulations leading to a substantially more scalable and efficient approach to validation, helping alleviate one of the major bottlenecks in self driving development,” Morgan Stanley analyst Brian Nowak wrote. “During this process, Waymo must test its model against the long tail of edge cases to produce statistically significant evidence that its model has improved.”

Under current law in New York, a person needs to be behind the wheel to operate a vehicle, but Waymo is hoping to “enact regulatory changes that would allow us to bring our service to the city and state in the future.”

Uber and Lyft are trading down on the news, but for some reason Tesla is up.

The company has been offering paid autonomous ride-hailing in San Francisco, Austin, Los Angeles, and Phoenix, with plans to launch in Atlanta, Miami, and DC. Tesla is set to launch its own robotaxi service in Austin next week.

“Bottom line, using a combination of reconstruction and generation, Waymo is now able to create high fidelity simulations leading to a substantially more scalable and efficient approach to validation, helping alleviate one of the major bottlenecks in self driving development,” Morgan Stanley analyst Brian Nowak wrote. “During this process, Waymo must test its model against the long tail of edge cases to produce statistically significant evidence that its model has improved.”

Under current law in New York, a person needs to be behind the wheel to operate a vehicle, but Waymo is hoping to “enact regulatory changes that would allow us to bring our service to the city and state in the future.”

Uber and Lyft are trading down on the news, but for some reason Tesla is up.

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business
Tom Jones

OpenAI’s ARR reached over $20 billion in 2025, CFO says

Sam Altman’s $500 billion artificial intelligence behemoth hit a major financial milestone last year, according to a new blog post over the weekend from OpenAI CFO Sarah Friar, as the company confirmed it had hit a more than $20 billion annual revenue run rate at the end of 2025.

Elsewhere in the blog post, Friar spent time addressing the company’s shifting goals, referencing plans to “close the distance between where intelligence is advancing and how individuals, companies, and countries actually adopt and use it.” As has become customary in the AI company press release genre, the CFO was also keen to tout the unending growth of the business, writing:

  • Both our Weekly Active User (WAU) and Daily Active User (DAU) figures continue to produce all-time highs. This growth is driven by a flywheel across compute, frontier research, products, and monetization.

  • Compute grew 3X year over year or 9.5X from 2023 to 2025: 0.2 GW in 2023, 0.6 GW in 2024, and ~1.9 GW in 2025.

And, perhaps most importantly for current backers and those keeping an eye on the private company before its rumored mega IPO:

  • Revenue followed the same curve growing 3X year over year, or 10X from 2023 to 2025: $2B ARR in 2023, $6B in 2024, and $20B+ in 2025. This is never-before-seen growth at such scale.

That latest figure has certainly set tongues in the tech world wagging, just as the company announced it would begin rolling out ads to free and ChatGPT Go users. It also puts the chatbot giant a fair way ahead of competitors like Anthropic, the company behind Claude.

OpenAI Anthropic ARR race
Sherwood News

Elsewhere in the blog post, Friar spent time addressing the company’s shifting goals, referencing plans to “close the distance between where intelligence is advancing and how individuals, companies, and countries actually adopt and use it.” As has become customary in the AI company press release genre, the CFO was also keen to tout the unending growth of the business, writing:

  • Both our Weekly Active User (WAU) and Daily Active User (DAU) figures continue to produce all-time highs. This growth is driven by a flywheel across compute, frontier research, products, and monetization.

  • Compute grew 3X year over year or 9.5X from 2023 to 2025: 0.2 GW in 2023, 0.6 GW in 2024, and ~1.9 GW in 2025.

And, perhaps most importantly for current backers and those keeping an eye on the private company before its rumored mega IPO:

  • Revenue followed the same curve growing 3X year over year, or 10X from 2023 to 2025: $2B ARR in 2023, $6B in 2024, and $20B+ in 2025. This is never-before-seen growth at such scale.

That latest figure has certainly set tongues in the tech world wagging, just as the company announced it would begin rolling out ads to free and ChatGPT Go users. It also puts the chatbot giant a fair way ahead of competitors like Anthropic, the company behind Claude.

OpenAI Anthropic ARR race
Sherwood News

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