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Waymo closed a $5 billion term loan led by Goldman Sachs, its first debt financing. The capital supports autonomous ride-hailing expansion in the United States and internationally. The company targets 1 million paid rides per week by year-end across 20 cities.
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Summary by ByteBrief

Waymo closes $5bn debt deal for growth
Waymo Secures $5 Billion Debt Financing

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)