Self-driving startup Pony.ai secures $100m from Saudi’s Neom

Self-driving startup Pony.ai secures $100m from Saudi’s Neom

James Peng, CEO and co-founder of Tony.ai (left) and NIF CEO Majid Mufti. Pony.aiSource: Pony.ai's official WeChat account.

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has injected $100 million into autonomous driving firm Pony.ai via its strategic investment arm NEOM Investment Fund (NIF). 

Edited by: Padma Priya