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Google CEO Sundar Pichai signs new $692 million deal with Alphabet

Key Points
  • Google CEO Sundar Pichai signed a new deal with Alphabet worth up to $692 million.
  • The deal reportedly includes options tied to Waymo's stock growth over three years.
  • Wing Aviation's development also reportedly influences the agreement.

4 billion Swedish kronor. According to reports from the Financial Times cited in the sources, the package includes options linked to the stock price growth of Waymo, the subsidiary developing self-driving cars, over the next three years. The development of the company Wing Aviation, which develops drones and deliveries, also reportedly affects the deal.

The company's board wrote in its decision that Waymo and Wing are addressing huge expectations in self-driving and autonomous deliveries and have made strong progress under Pichai's leadership.

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