Uber said to eye US$10 million stake in IPO of China’s Pony AI amid self-driving boom

Uber said to eye US million stake in IPO of China’s Pony AI amid self-driving boom

Uber Technologies plans to invest in Pony AI’s US initial public offering (IPO), which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with the matter said. San Francisco-based Uber is seeking to buy more than US$10 million of shares in Pony AI’s IPO, the people said, … Read more

Tencent pushes wider adoption of AI-powered smart mobility system from a vehicle’s cockpit to the factory floor

Tencent pushes wider adoption of AI-powered smart mobility system from a vehicle’s cockpit to the factory floor

Senior executives of the Shenzhen-based technology behemoth on Wednesday took the wraps off this initiative at an event in Beijing, where they touted the advantages of having its mobility solution backed by the firm’s own large language model (LLM) – the technology used to train generative AI services like ChatGPT – to not only enhance … Read more