Chinese AV startup Pony AI boosts its IPO goal to $260M

Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million. To meet the goal, Pony will sell as many as 20 million American depository shares. […] © 2024 TechCrunch. All rights reserved. For personal use only....