Alphabet Inc. is set to invest an additional $5 billion in its autonomous vehicle subsidiary, Waymo, as confirmed by CFO Ruth Porat during the Q2 2024 earnings call. This multi-year investment underscores Alphabet's confidence in Waymo's advancements in the autonomous driving sector. Meanwhile, a recent study by Cox Automotive revealed that less than 33% of automotive dealers are satisfied with their data insights. The automotive industry is facing significant challenges, particularly traditional automakers like Toyota and the Detroit Three, who are grappling with their electric vehicle strategies amidst shifting market dynamics.