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WeRide Inc

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China’s Pony.ai shares drop 12%, WeRide down 8% in Hong Kong debut

Sagar8 months ago04 mins

A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in…

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China’s Baidu says it’s running 250,000 robotaxi rides a week — same as Alphabet’s Waymo

Sagar8 months ago02 mins

Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — As Baidu ramps up its robotaxi operations worldwide, fully driverless weekly rides as of Oct. 31 have now surpassed 250,000 orders, according to a spokesperson for the company’s driverless car unit Apollo Go….

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Chinese autonomous driving firms Pony.ai and WeRide to list in Hong Kong

Sagar8 months ago03 mins

A Pony.ai AION robot taxi is displayed during the 21st Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai on April 23, 2025. Wang Zhao | Afp | Getty Images Autonomous driving firms Pony.ai and WeRide have received approval from China’s securities regulator for secondary listings in Hong Kong, as…

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Nvidia’s $100 billion OpenAI deal showcases its investment portfolio

Sagar9 months ago06 mins

Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia this week said it’ll invest $100 billion into OpenAI in a deal that highlights just how big the chipmaker’s investment portfolio has…

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  • Newsom on reported DOJ investigation: 'Go after me'

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