Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

Why Cathie Wood's ARK Invest And Others Are Betting On Pony.AI

Pony AI Cathie Wood ARK Ark Invest Pony AI United States Tencent Tesla Inc.
PonyAIFremont,,Ca,,Usa,-,Feb,28,,2020:,Autonomous,Driving,Startup

Pony AI Inc. (NASDAQ:PONY), a Chinese autonomous driving startup, is drawing strong support from global investors as it scales its robotaxi fleet and advances toward profitability. The company’s growth trajectory comes at a time when many U.S. funds remain cautious on Chinese tech assets.

Recent filings show ARK Invest, led by Cathie Wood, invested nearly $12.9 million in Pony.AI this month. It is the firm’s first direct stake in a Chinese company focused exclusively on Level 4 autonomous driving.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
'I didn't know this place existed': Britney Spears enjoys family day at Dollywood
Britney Spears enjoyed a visit to Dollywood with her two sons - but admitted she hadn't been aware the theme park "existed" before their trip.
BANG Premier
BANG Premier
How Jim Bakker became the Johnny Carson of Christian TV
When I was researching my 2017 book, “PTL: The Rise and Fall of Jim and Tammy Faye Bakker’s Evangelical Empire,” I interviewed dozens of former staffers and supporters of PTL, the ministry, television and theme park empire that the Bakkers built starting in the 1970s.
The Conversation
The Conversation
GTA 6 Full Nudity and Censorship Updates: Quick Facts on Jason and Lucia in the Upcoming Release
An IGN gameplay demonstration showed GTA VI protagonist Jason naked in a shower, while official ratings confirm nudity and sexual content. The extent of explicit imagery remains unclear
International Business Times UK
International Business Times UK
Nearly Two in Three Students Who Vape Use Geek Bar as 1.44 Million U.S. Youth Report E-Cigarette Use
About 1.44 million U.S. students vape, and 64% of them use Geek Bar, a new 2025 youth survey analysis shows. Here is what parents should know now.
Medical Daily
Medical Daily
Kourtney Kardashian had fiery response to that viral Jennifer Lawrence video
Kourtney Kardashian was furious after seeing a video of Jennifer Lawrence calling her "more annoying than ever".
BANG Premier
BANG Premier
Freddie Jackson, romantic US singer with 10 R&B chart-toppers, dies aged 70
Celebrated for his earnest, dextrous voice, Jackson crossed into the pop charts with the hits Rock Me Tonight (For Old Times Sake) and You Are My Lady
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play