TransportationTechnology

Pony.ai Sets Sights on US IPO, Anticipating Up to $195 Million

1 month ago

In a bold move signaling a growing confidence in the self-driving technology sector, Pony.ai, an autonomous driving startup, is preparing for its initial public offering (IPO) in the United States. The company aims to raise between $175 million and $195 million through the public offering, drawing interest from investors and industry watchers alike.

Uber Partners with China’s WeRide to Offer Robotaxi Rides in UAE

3 months ago

In what is arguably a revolutionary first in innovative mobility for people and products, Uber Technologies Inc. has partnered with China's self-driving company WeRide to introduce the robotaxi services into the UAE. The agreement between the two companies marks the beginning of a significant milestone toward deploying autonomous vehicle technologies across the region. It's bound to push a revolutionary transportation solution into the bustling metropolis of the Middle East.