Chinese autonomous driving company Pony.ai submitted its red herring prospectus to the U.S. Securities and Exchange Commission on November 14, Eastern Time, officially starting the initial public offering (IPO) process. Pony.ai plans to list on NASDAQ under the stock code 'PONY' with the goal of becoming the 'first global Robotaxi stock.' This IPO will issue 15 million American Depositary Shares (ADS), with a pricing range of $11 to $13 per ADS. If the underwriters fully exercise their over-allotment option...

On October 18, autonomous driving company Pony.ai submitted its initial public offering (IPO) prospectus to the U.S. Securities and Exchange Commission (SEC), planning to list on Nasdaq under the stock code 'PONY'. The main underwriters for this IPO include Goldman Sachs, Bank of America Merrill Lynch, Deutsche Bank, and Huatai Securities. According to public information, Pony.ai received approval from the China Securities Regulatory Commission for overseas issuance and listing in April this year, planning to issue no more than 98.1495 million ordinary shares. Pony.ai was founded in 201

Indian ad tech startup InMobi has announced the completion of $100 million funding, primarily from Mars Growth Capital, aimed at enhancing its AI capabilities and supporting future acquisitions. As a profitable company, InMobi collaborates with renowned brands like Mastercard and Samsung, actively exploring AI technology to enhance ad interactivity. It partners with thousands of app developers across over 50 countries, focusing on seamlessly integrating native advertising into content to improve user experience. Additionally, InMobi also owns Glanc.

Domestic AI chip design company Suiyuan Technology has initiated the counseling process for its A-share listing, officially starting its IPO. Established in 2018, Suiyuan Technology focuses on the development of cloud computing products in the AI field, including AI acceleration cards, intelligent computing clusters, and related software and platforms. The company's founders, Zhao Lidong and Zhang Yalin, both possess strong technical backgrounds. One year after its establishment, Suiyuan Technology launched its first-generation AI training chip, SuiSi 1.0, and has now developed to the second generation, SuiSi 2.0, while also developing multiple AI inference chips. In just six years, the company has completed ten rounds of financing, totaling nearly 7 billion RMB.

The research team at Alibaba Group has released a new framework called UniPortrait, which focuses on personalized processing of portrait images, including single-character consistency, multi-character consistency, and style reference. UniPortrait is specifically designed with two modules: ID embedding and ID routing, which maintain a high level of realism in facial features, support a broad range of facial editing capabilities, and even allow users to generate images using free-form text descriptions without a fixed layout. Through a two-phase training scheme, UniPo

OpenAI previously imposed strict limitations on secondary stock sales, with the company having the power to determine participant eligibility, raising widespread concerns among shareholders. Many shareholders holding stakes worth millions of dollars worry about their inability to cash out. Given that OpenAI currently has no plans for an IPO and the company's high valuation deters potential acquirers, secondary stock sales have become the only way for shareholders to realize some of their paper wealth.

Intel Corporation has named its FPGA group Altera. Intel invested $16.7 billion to acquire Altera. Altera targets the ASIC and GPU chip market as the artificial intelligence hardware market continues to grow.

Sam Altman is one of the biggest winners in Reddit's initial public offering (IPO). According to Reddit's prospectus, Altman is the third-largest shareholder, owning 8.7% of the shares. Altman's relationship with Reddit dates back to 2014 when he served on the board and held a substantial stake through multiple rounds of investment. Altman is the CEO of OpenAI, which is valued at $86 billion, driving the current wave of generative AI.

Reddit IPO documents have been exposed, revealing that OpenAI CEO Sam Altman is a key shareholder in Reddit Inc., holding an 8.7% stake. Altman has a deep connection with Reddit, having been a peer at the Y Combinator accelerator and having served as Reddit's interim CEO. Reddit plans to expand its business through data licensing agreements with AI companies and has reached an AI training agreement with Google.

Reddit has reached a cooperation agreement with Google to donate $60 million annually for training artificial intelligence models. Reddit plans to submit an IPO application and will disclose financial information to potential investors. This marks the first public transaction between Reddit and a major AI company. Many AI companies are striking deals with content owners to diversify training data, raising copyright issues.

1. Arm is a cornerstone company of the mobile era, with its chips widely used in smartphones and other consumer electronics. 2. SoftBank plans to take Arm public in the U.S., aiming for a valuation of $60-70 billion. 3. Arm hopes to become the cornerstone processor for the AI era, with funds raised from the IPO to invest in AI startups.