Waymo plans to use a newly obtained loan of $5 billion to expand its fleet from the current 4,000 to 20,000 vehicles by the end of next year. Waymo aims to increase the fleet size to 8,000 vehicles by the end of this year, and the current fleet is 4,000 vehicles. Waymo's business now covers 15 US cities, and plans to expand to Toronto, San Diego, Tampa, and San Antonio.

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