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Thursday, February 27, 2020

Toyota invests $400M in Chinese self-driving startup Pony.ai

Pony.ai self-driving prototypeChinese self-driving startup Pony.ai on Wednesday announced it raised $462 million in its latest round of funding, with $400 million coming from Toyota alone. The latest funding values the company at approximately $3 billion, making it the most valuable self-driving startup to come out of China. Pony.ai was founded in 2016 by former executives at...

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