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Pony AI fetches $5.25 billion valuation
Pony AI’s valuation hits $5.25B after Nasdaq debut
Chinese autonomous driving technology company Pony AI started trading on the Nasdaq on Wednesday at $15 per share, securing it a valuation of $5.25 billion. That opening price is 15% higher than Pony’s offering price of $13, which itself was at the high end of its expected range.
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
(Reuters) -Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
Chinese Self-Driving Firm Pony AI Grabs Retail Attention With Strong Nasdaq Debut
Pony AI Inc. ($PONY), a Chinese autonomous driving start-up, debuted on the Nasdaq on Wednesday with its American depositary shares climbing as much as 19%. The company’s valuation has surpassed $5 billion,
AI, Jet and Nasdaq
Jet.AI formally regains compliance with Nasdaq requirements
Jet.AI (NASDAQ:JTAI) has received Nasdaq confirmation that it has regained compliance with the $2.5M stockholders’ equity and minimum bid price requirements. As of November 26, 2024, there was ~$6.8M in pro forma shareholders’ equity and cash and cash equivalents of $6.
Jet.AI formally regains compliance with Nasdaq minimum bid price requirement
Jet.AI (JTAI) announced it has officially received notice from the Nasdaq Stock Market confirming it has regained compliance with both the $2.5
Jet.AI Formally Regains Compliance with Nasdaq Stockholders' Equity Requirement and Minimum Bid Price Requirement
Jet.AI Inc. ( “ Jet.AI” or the “ Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced it has officially received notice from the Nasdaq Stock Market LLC (“Nasdaq”) confirming it has regained compliance with both the $2.
6h
on MSN
Pony AI’s Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U ...
6h
on MSN
NVIDIA Corporation (NVDA) Eyes AI Memory Chip Certification as Samsung Reshuffles Leadership Amid AI Chip Struggles
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
13h
Is Nvidia Still the Best Artificial Intelligence (AI) Stock to Own for 2025?
Nvidia (NASDAQ: NVDA) has undoubtedly been one of (if not the) best artificial intelligence (AI) stocks to own in 2023 and ...
6d
Meet the Newest AI Stock in the Nasdaq-100. It Soared 2,140% in 2 Years and Is Still a Buy, According to a Wall Street Analyst.
Meet the Newest AI Stock in the Nasdaq-100. It Soared 2,140% in 2 Years and Is Still a Buy, According to a Wall Street ...
11h
on MSN
China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5 ...
7h
on MSN
Super Micro Computer, Inc. (SMCI): Hedge Funds Boost Holdings Despite Nasdaq Delisting Risk
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
5h
Nvidia's Latest Record Quarter Show Its AI Dominance Remains Intact
Last week, Nvidia Corporation (NASDAQ: NVDA) issued its third quarter results, topping both sales and earnings estimates as ...
8h
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, ...
7h
on MSN
Meta Platforms (META) and Orange Partner with OpenAI: Bridging Language Gaps with AI in West Africa
We recently published a list of 15 AI News Updates Wall Street Is Monitoring. In this article, we are going to take a look at ...
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