💨 Abstract

Pony AI, a Chinese self-driving firm backed by Toyota, is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, aiming to raise $195 million. The company, which operates a fleet of over 250 robotaxis and 190 robotrucks, will list on the Nasdaq under the symbol "PONY".

Courtesy: theprint.in

Summarized by Einstein Beta 🤖