Source: Tech – South China Morning PostAlphabet Inc’s self-driving unit Waymo said on Wednesday it raised US$2.5 billion in its first fresh funding round in a year, after a string of defections of executives rekindled concerns about the technology struggling to scale up.The announcement came a day after General Motors Co’s majority-owned Cruise self-driving car subsidiary said it would gain access to a US$5-billion credit line.Self-driving start-ups are racing to build war chests to develop and commercialise technology, an expensive…Read More