Uber Technologies is reportedly planning to invest in the US initial public offering (IPO) of Pony AI, a China-based autonomous driving firm, reported Bloomberg, citing sources. The IPO ...
UBER) continues to make moves in the autonomous driving space. The latest development is that the San Francisco-based company plans to invest in Pony AI's (PONY) initial public offering.
Pony AI ups the size of its IPO ahead of U.S. stock-market debut, with Uber as a potential investor A previous version of this story misstated where Uber reportedly plans to use Pony AI's technology.