Pony AI, a Toyota-backed autonomous vehicle company, has filed for an IPO in the US. The company operates a fleet of 190 "robotrucks" and over 250 robotaxis in China. Pony aims to raise $200 million and lower its minimum valuation to $4 billion. Despite significant losses, Pony projects increased revenue as robotaxi fares rise.

Source: https://techcrunch.com/2024/10/19/four-takeaways-from-pony-ais-ipo-filing/