Tag: Robotaxi

Waymo Secures $5B Loan from Blackstone and PIMCO for Expansion
Technologygadgets

Waymo Secures $5B Loan from Blackstone and PIMCO for Expansion

Waymo, the autonomous vehicle company owned by Alphabet, has secured a massive $5 billion debt financing package from prominent institutional lenders like PIMCO and Blackstone. This marks the first time the robotaxi pioneer has turned to debt financing rather than relying purely on equity. The new funding will directly support Waymo's accelerated commercial expansion across existing and upcoming markets in the United States, Europe, and Asia. Alongside this financial growth, the company continues to navigate regulatory scrutiny and safety investigations.