Pony AI is targeting a valuation of up to $4.55 billion in its upsized U.S. initial public offering, it said on Wednesday, indicating strong demand for the Chinese robotaxi firm's long-sought New York listing.

Uber Technologies Inc. plans to invest in Pony AI Inc.’s US initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with the matter said.

Uber Technologies (NYSE:UBER) continues to make moves in the autonomous driving space. The latest development is that the San Francisco-based company plans to invest in Pony AI's (PONY) initial public offering.

(Reuters) -Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm moves ahead with its long-sought plan for a New York listing.

Autonomous driving startup Pony AI Inc.’s upcoming US initial public offering will be closely watched, as Donald Trump’s second administration considers moves that could ramp up competition in the sector with China.

By Arasu Kannagi Basil (Reuters) -Pony AI is targeting a valuation of up to $4.55 billion in its upsized U.S. initial public offering, it said on Wednesday, indicating strong demand for the Chinese robotaxi firm's long-sought New York listing.

Uber Technologies is planning to put money into the technology company as Pony AI prepares for its initial public offering, sources familiar with the deal told Bloomberg. Uber may