China's Pony AI seeks up to $4.55 billion valuation in upsized US IPO
By Arasu Kannagi Basil (Reuters) -Pony AI is targeting a valuation of up to $4.55 billion in its upsized U.S. initial public offering, it said on Wednesday, indicating strong demand for the Chinese robotaxi firm's long-sought New York listing.
Uber Said in Talks to Invest in US IPO of China’s Pony AI
Uber Technologies Inc. plans to invest in Pony AI Inc.’s US initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with the matter said.
Chinese AV startup Pony AI boosts its IPO goal to $260M
Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million.
Chinese robotaxi firm Pony AI seeks up to $4.55 billion valuation in upsized US IPO
Chinese autonomous driving firm Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States. The company is now aiming to raise as much as $260 million in the IPO by offering 20 million American depositary shares (ADSs) priced between $11 and $13 each.
Pony AI Nears US IPO as Self-Driving Rivalry With China Heats Up
Autonomous driving startup Pony AI Inc.’s upcoming US initial public offering will be closely watched, as Donald Trump’s second administration considers moves that could ramp up competition in the sector with China.
Chinese robotaxi firm Pony AI seeks to raise up to $260 million in upsized US IPO
Chinese autonomous driving firm Pony AI said on Wednesday it was targeting to raise up to $260 million in its upsized initial public offering in the United States.
China’s Pony AI Pursues $4.55 Billion Valuation in Ambitious US IPO to Lead Robotaxi Surge
Pony AI, a Chinese self-driving tech pioneer, has set its sights on a $4.55 billion valuation in its upsized US IPO. With backing from Toyota, the firm aims to raise $260 million, reflecting growing momentum in
China's Xpeng says no impact from US curbs on its Turing AI chip output
Chinese electric vehicle maker Xpeng said mass production of its Turing self-designed artificial intelligence chip was ...
Yahoo4d
US, China Agree That AI Shouldn't Control Nukes
After the meeting, the White House and China's Ministry of Foreign Affairs published separate summaries of the event. Both ...
What is and isn’t concerning about China’s AI surprise
Reuters recently reported that researchers affiliated with China’s People’s Liberation Army released studies demonstrating ...
Trump sees China as the biggest AI threat. He has bipartisan support to win the race for powerful human-like AI.
A bipartisan commission recommends a "Manhattan Project" for AI to outpace China in AGI. It aligns with Trump's vision for US ...
US Outpaces China, Leads Global AI Innovation Ranking
In 2023, the U.S. invested $67.2 billion in private AI ventures––significantly more than China's $7.8 billion.
For U.S. to beat China in AI race, Republicans must lead. First step: More energy | Opinion
We’ll need a lot more power, and fast, if we’re going to harness the potential of artificial intelligence. | Opinino ...
MIT Technology Review1d
The Download: AI replicas, and China’s climate role
In debates about climate change, it’s usually only a matter of time until someone brings up China. Often, it comes in ...
China Unveils Global AI Governance Committee With Alibaba Cloud Founder At The Helm
China forms AI Experts Committee to shape global development and governance, featuring 170 specialists including Alibaba's ...