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Google said to make driverless cars unit an Alphabet company

Google Inc. plans to make its self-driving cars unit, which will offer rides for hire, a stand-alone business under the Alphabet Inc. corporate umbrella next year.

By John Lippert, Jack Clark | Updated on December 16, 2015
In this May 13, 2015, file photo, Google's new self-driving prototype car is presented during a demonstration at the Google campus in Mountain View, Calif. (AP Photo/Tony Avelar, File)

(Bloomberg) — Google Inc. plans to make its self-driving cars unit, which will offer rides for hire, a stand-alone business under the Alphabet Inc. corporate umbrella next year, a person briefed on the company’s strategy said.

Google’s autonomous vehicles have logged more than 1 million miles (1.6 million kilometers) on public roads, mostly around San Francisco and Austin, Texas, making these cities logical places for launching a service, said the person, who asked not to be identified because the plans are private. The fleets ­— which would include a range of large and small vehicles — could be deployed first in confined areas like college campuses, military bases or corporate office parks, the person said.

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