Launched as Google’s self-driving car project in 2009, Waymo has evolved into a major player in the mobility market and is now part of Mubadala’s strong portfolio of transformative technology companies.

Using artificial intelligence, machine learning applications, and quantum computing in building their autonomous vehicles, safety is the driving force of Waymo and at the heart of everything it does. Not only does this align with Waymo’s aim to make roads and communities safer, but it is also within our mandate to invest in companies that will transform key sectors of the future.

As we cultivate, invest in, and promote a global innovation ecosystem, it remains an important factor that contributes to the progress of the UAE and vital sectors worldwide. Autonomous and self-driving technology is paving the path towards revolutionizing mobility and transportation over the next decade, which have boundless potential not only in technology and innovation, but with positive effects environmentally and economically.

Jio Platforms is a next-generation technology and connectivity platform that provides high-quality and affordable digital services in India. In 2020 Mubadala invested USD $1.25 billion to further drive Jio’s vision of transforming the digital landscape in India through technology and innovation.

Jio Platforms has already made significant investments across its digital ecosystem, and Mubadala has joined the journey towards propelling India’s growth and becoming a leading digital nation on the global stage. Mubadala is committed to investing in and working with companies that are pioneering technologies and addressing challenges.

Jio Platform’s technologies span broadband connectivity, smart devices, cloud and edge computing, big data analytics, artificial intelligence, Internet of Things, augmented and mixed reality and blockchain. Their vision is to enable a digital India for 1.3 billion people and businesses across the country, including
small merchants, micro-businesses and farmers so that all of them can enjoy the fruits of inclusive growth.

In September 2020, Mubadala and Silver Lake, announced the establishment of a long-term investment strategy led by Silver Lake and supported by a USD $2 billion investment from Mubadala.

Building on a long-term relationship, the partnership cemented Mubadala’s focus on technology and innovation. The partnership forms a strategy spanning a 25-year development lifecycle. It is designed to invest flexibly across investment structures, geographies and industries.

Technology is the bedrock of the global economy, and fundamental to all other sectors that are being significantly digitalized. Mubadala’s goal through this investment is to be well positioned to take advantage of the accelerated digital transformation and its potential to make fundamental improvements to many of the world’s key challenges.