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Pony AI, Nasdaq
China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
Pony AI’s valuation hits $5.25B after Nasdaq debut
The Chinese autonomous driving tech company will go public on the U.S. markets at $13 per share. © 2024 TechCrunch. All rights reserved. For personal use only.
Pony AI to Make Trading Debut After Stock IPO Priced at $13
Shares of Pony AI, a Chinese autonomous-driving company, were set to make their U.S. trading debut Wednesday after the pricing of its initial public offering. The company, which manufactures sensors and software for self-driving vehicles,
TikTok owner ByteDance sues intern for $1.1 mn in damages
ByteDance seeks $1.1 mln damages from intern in AI breach case, report says
China's ByteDance is suing a former intern for $1.1 million, alleging he deliberately attacked its artificial intelligence large language model training infrastructure, a case that has drawn widespread attention within China amid a heated AI race.
TikTok owner ByteDance sues intern for $1.1 mn in damages over AI breach; all about the headline-grabbing case in China
TikTok's parent company ByteDance reportedly filed a lawsuit at a court in Beijing against a former intern on charges of serious disciplinary violations.
ByteDance seeks US$1.1 million in damages from ex-intern who sabotaged AI project
Social-media giant ByteDance mentioned the lawsuit in an internal disciplinary notice, which identified the intern by his surname.
Apple, China and AI
Apple Intelligence in China: A long road to iPhone AI
It will probably be a while before Apple Intelligence lands in the People's Republic. Apple could probably shorten the path, but doesn't seem to want to.
Apple faces hurdles releasing AI on iPhones in China, FT reports
Apple (AAPL) faces an uphill battle to release its AI models for iPhones and other products in China, with a top Beijing official warning that
Apple faces uphill task to launch AI model for iPhones in China - report
Apple (NASDAQ:AAPL) is facing challenges to launch its AI model Apple Intelligence for iPhones and other products in China, as a top Chinese official noted that foreign companies would see a long approval process unless they partner with local companies,
38m
China warns of 'necessary actions' if US escalates chip curbs
Last week, the U.S. Chamber of Commerce informed members in an email that the Biden administration was considering adding as ...
2h
AI Failures Will Spike In 2025: A Call For Decentralization Innovation
AI technology in an overly centralized manner could lead to its downfall, the integration with blockchain technology and ...
Yahoo News
4d
Huawei AI chips to power China’s next-gen surgery tech for medical breakthroughs
Additionally, it is also at the heart of the
China
-US
AI
chip race, with Beijing turning to Huawei to spearhead the ...
6d
on MSN
US ahead in AI innovation, easily surpassing China in Stanford’s new ranking
The U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important ...
8d
on MSN
Trump sees China as the biggest AI threat. He has bipartisan support to win the race for powerful human-like AI.
A bipartisan commission recommends a "Manhattan Project" for AI to outpace China in AGI. It aligns with Trump's vision for US ...
10h
on MSN
Self-Driving Firm Pony AI Looks Outside US to Avoid Tensions
Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics ...
7h
AI Musk as Ming official, China singer Zhang Mi’s cancer battle: 5 trending stories
From AI Elon Musk as a Ming official to a Dutch-adopted man revisiting his Chinese family, here are five stories from recent ...
1d
on MSN
China's robotaxi startup Pony AI raises $260 million in US IPO
(Reuters) -Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, valuing the China-based ...
Opinion
6d
on MSN
Opinion
For U.S. to beat China in AI race, Republicans must lead. First step: More energy | Opinion
We’ll need a lot more power, and fast, if we’re going to harness the potential of artificial intelligence. | Opinino ...
21h
Unpacking Apple’s AI Roadblocks In The Chinese Market
Apple's broad strategy of balancing innovation with China's local sensitivities in one of its largest and most important ...
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