The Daily AI · October 11, 2026

Waymo Secures $5 Billion in First-Ever Debt Financing for Global Expansion

Waymo has closed a milestone $5 billion term loan, marking its first move into private debt to fund the rapid scaling of its robotaxi operations. The deal, led by lenders including PIMCO and Blackstone, follows a massive $16 billion equity round earlier this year that valued the Alphabet subsidiary at $126 billion.

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News roundup

• Microsoft, Meta, Google Raise 2026 AI Capex to $725B Combined
• Nvidia is in early talks to acquire or invest more in open-weights AI startup Reflection AI, which it has already invested $800 million in.
• Microsoft released Microsoft-Decision-1, a decision-scoring model based on Alibaba's Qwen3.5-9B, available now in Microsoft Foundry and OpenRouter.

Quiz

How many active Cybercabs did Tesla confirm are serving the Austin market as of its two-year deployment milestone?

• 100+
• 300+
• 500+
• 1,000+

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