According to Radar Online, an exclusive source has told the publication that Kaia is indeed pregnant and calling Pete 'The One'.
The insider told the publication: "It’s everyone’s worst nightmare scenario, especially her parents.
"Kaia’s talking about Pete being ‘The One’ and quietly telling friends she can see herself growing old with this guy and having his babies."
Radar Online then spoke to some of Kaia's 'supermodel friends' who said that they would not be surprised if Kaia was pregnant.
"They’re all over each other right now and it wouldn’t surprise anyone if [a pregnancy] happens sooner than later," the sources said.
Kaia and Pete went public with their romance back in October, when they were seen getting all sorts of cute and cuddly at a New York restaurant.
The pair were snapped hanging out in Malibu together two weeks later.
So far neither camp has addressed the rumours, so we're going to go ahead and assume this piece of salacious goss is probably inaccurate...but hey, we've been wrong before?