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. To meet the goal …
Featured Posts Title
China finally reacts to raging Iran-US war, says ‘prevent spillover of fighting’
Why Is China Silent On Iran? An Expert Decodes Beijing’s Hidden Play
Beijing fumes as Trump’s Iran strike threatens China’s oil
Shenzhen and the rise of Physical AI: building the factory floor of the future
PONY AI Inc. Achieved Gen-7 Robotaxi UE Breakeven in Shenzhen, Strengthening Path to Scalable Commercialization
Back to Beijing: The SMH and The Age resume reporting from China
China condemns attacks on Iran, urges ceasefire and talks
Recent Posts
Chinese AV startup Pony AI boosts its IPO goal to $260M
Johnson & Johnson, Merck lay off workers in China as local headwinds take a toll
Johnson & Johnson and Merck are laying off workers in China, according to a story from Bloomberg which cites reports from Chinese news outlets and confirmation from industry sources in the country.
China’s Pony AI seeks up to $4.55 bln valuation in upsized US IPO
Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm’s long …
Elon Musk’s China Business Ties Spark Concerns Over U.S. Security
Elon Musk’s deep ties with China are becoming a growing concern as he prepares to take on a prominent role in a potential future U.S. administration under Donald Trump. The billionaire CEO of Tesla …
Japan says it will “closely watch” China’s military activity after Beijing admits spy plane violated airspace
China said the airspace violation occurred when the plane’s pilot took emergency measures due to turbulence, Japan’s Foreign Ministry said.
How the US is bankrolling Beijing’s ambitions
The EO restricts U.S. capital flow only in select high-tech industries and fails to address the breadth of China’s ambitions or the multiple channels through which American investment can fuel the …
As Trump returns, China seizes chance for climate mantle
With Donald Trump expected to take the United States again out of climate diplomacy, China, the world’s largest emitter but green energy powerhouse, is seizing on the chance to project itself as the …
China suspends CBDC czar implicated in crypto corruption allegations
After extended investigations, Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed …
Shanghai court says crypto ownership legal under China law amid bitcoin price surge
In an opinion on a recent lawsuit, a Shanghai judge wrote that cryptocurrencies have the attributes of property and thus holding it is legal.
China Reacts As Putin Approves Russia’s New Nuclear Weapons Doctrine
Nuclear powers should show more restraint, the Chinese government said on Wednesday in response to President Vladimir Putin ‘s approval of a new doctrine for the use of Russia’s sizable stockpile of …
U.S. Pacific Commander Recalls China’s Largest Invasion ‘Rehearsal’ in Career
Admiral Samuel Paparo, the head of the U.S. Indo-Pacific Command, said on Tuesday at the Brookings Institution in Washington, D.C., that he saw “the most rehearsal and the most joint exercises” from …
China’s Pony AI seeks up to $4.55 billion valuation in upsized US IPO
(Reuters) -Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm’s long-sought…
China’s Ex-CBDC Chief Yao Qian Accused of Cryptocurrency Bribery, Faces Prosecution: Report
Yao Qian, former head of China’s digital currency development, faces prosecution for cryptocurrency bribery and misconduct.