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African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.

Kalanick would run Pony if the deal is completed while continuing to lead his current company, CloudKitchens, the report cited the people as saying. Financial details were not known.

Waymo’s robotaxis will begin carrying passengers through parts of Atlanta on June 24 in an expansion of a partnership with Uber that began earlier this year in Austin, Texas.

Waymo has applied for a permit to test its robotaxis in New York City, despite an absence of local regulations supporting commercially operated autonomous vehicles.

Amazon is gearing up to make as many as 10,000 robotaxis annually at a sprawling plant near Silicon Valley as it prepares to challenge self-driving cab leader Waymo. 

Pony AI’s report on its first full quarter as a publicly traded company will have investors homing in on how a new generation of robotaxis could put the firm on a path to profitability.

Japan’s top automaker, Toyota, announced a partnership with U.S. autonomous driving technology company Waymo on April 30.

Waymo is seeking California’s permission to expand its footprint in the South Bay, offering fared robotaxi rides throughout San Jose and along the peninsula.

Waymo on March 25 added Washington to its pioneering robotaxi service’s expanding list of U.S. markets, although passengers will have to wait until next year to take a driverless ride.

The company has been spending more time pitching its vision for the future of its gig-economy business model as it plays catch-up in offering autonomous rides.