Sources: Waymo increased the size of its inaugural debt raise from $3B+ to $5B, as it grapples with rising AI costs and rapidly expands its robotaxi fleet (Bloomberg)

Waymo increased the size of its inaugural debt raise to $5 billion, tapping lenders to help fuel the robotaxi company's growth as it expands globally. Pacific Investment Management Co., Blackstone Inc. and Sixth Street Partners were among investors who participated in the private loan, according to people familiar with the matter.