Reported about 6 hours ago
Travis Kalanick, the founder of Uber, is pursuing the acquisition of Pony AI's U.S. division, potentially with assistance from Uber itself, as reported by The New York Times. Pony AI, which went public last year with a market cap of approximately $4.5 billion, has been preparing for a sale since 2022. If successful, this acquisition would mark Kalanick's return to the autonomous vehicle sector since his departure from Uber in 2017.
Source: YAHOO