Robotaxi Pony AI raised $260 million in an IPO in U.S.

17:14 - 27.11.2024


November 27, Fineko/abc.az. Chinese startup robotaxy Pony AI raised $260 million during its initial public offering in the U.S., receiving a valuation of about $4.55 billion, ABC.AZ reports, referring to Reuters.

The company has placed 20 million American depositary receipts at the price of $13 apiece, which is the upper limit of its target range.