Chinese driverless car start-up raises more funds

Driverless car and AI firm, Pony.ai, has reached a $5.3 billion evaluation after it raised $267 million in a new round of funding. The Chinese start-up, which says it has raised more than $1 billion in its four-year existence, said the financial injection would go into research and development. Pony.ai is the brainchild of Chinese … Continue reading Chinese driverless car start-up raises more funds