- China's Pony AI wants valuation of up to $4.48 billion in US IPO - Startup backed by Toyota raises $195 million in funding - Pony AI is looking to issue 15 million shares at $11-13/pc. - Pony AI's fleet includes 250+ robotaxis and 190+ robot trucks - The IPO was previously led by China's WeRide on the US exchange - Two investors, including BAIC, want to buy $74.9 million worth of shares - Pony AI is also looking to do a private placement of shares - Some investors have agreed to buy $153.4 million worth of shares - China's Pony AI valuation was as high as $8.5 billion two years ago - Pony AI shares will trade under the ticker PONY on Nasdaq - Underwriters: Goldman Sachs, BofA, Deutsche Bank, etc.