February 26 - 09:02
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Toyota leads $462 million funding in autonomous car startup Pony.ai
Pony.ai has been boosted with $462 million in new funding. Toyota has led the investment round to support Pony's robotaxi operations and technology development, committing around $400 million of its own cash. Pony is currently testing autonomous vehicles in California, Beijing and Guangzhou. This latest round has valued the company at $3 billion. It has been working with Toyota since last year.
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