Chinese Self-Driving Firm Pony.ai Secures $400M From Toyota

Chinese self-driving vehicle startup Pony.ai has raised US$400 million in a new funding round from Toyota Motor Corporation. The financing values Pony.ai at over US$3 billion and is one of the biggest investments secured by Chinese artificial intelligence companies during the past year as big-ticket funding deals dried up. This is an extension of the […]

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