Today in AI

Pony AI Aims for $4.55 Billion Valuation in Expanded U.S. IPO


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Pony AI, supported by Toyota, plans to raise up to $260 million by offering 20 million shares in its U.S. IPO, reflecting strong investor interest. The funds will support scaling operations, enhancing technology, and expanding market presence, positioning Pony AI as a leader in the autonomous driving industry.

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Today in AIBy Dr. Tony Hoang