financetom
Business
financetom
/
Business
/
Pony.ai Signs MOU for Robotaxi Service in Dubai; Shares up Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Pony.ai Signs MOU for Robotaxi Service in Dubai; Shares up Pre-Bell
May 27, 2025 1:29 AM

04:14 AM EDT, 05/27/2025 (MT Newswires) -- Pony.ai (PONY) said late Monday it signed a memorandum of understanding with Dubai's Roads and Transport Authority to deploy its robotaxi fleet in the region.

Initial supervised trials are scheduled to launch later this year, followed by fully driverless operations in 2026, the company said.

Pony.ai shares were up 7.4% in recent premarket activity Tuesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hewlett Packard Enterprise Launches New Product to Deploy AI Applications
Hewlett Packard Enterprise Launches New Product to Deploy AI Applications
Sep 6, 2024
10:03 AM EDT, 09/05/2024 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) said Thursday that its HPE Private Cloud AI product, which is now available to order, introduces new solution accelerators to back artificial intelligence applications. The cloud-based product was co-developed with Nvidia ( NVDA ) to allow companies to build and deploy generative AI applications, Hewlett Packard Enterprise...
INSIGHT-How fake Ozempic batch numbers help criminal groups spread dangerous drugs
INSIGHT-How fake Ozempic batch numbers help criminal groups spread dangerous drugs
Sep 6, 2024
(Changes headline ) * Knock-off batch numbers provide easy way to circulate fake drugs * Fake Ozempic with a batch number destined for Egypt found in at least 10 countries * Counterfeit Ozempic linked to hospitalizations By Patrick Wingrove Sept 5 (Reuters) - In December, Drew, a 36-year-old man from San Antonio, Texas, drove more than 250 miles (400 km)...
US bank profits jump 11% in second quarter of 2024 as expenses shrink
US bank profits jump 11% in second quarter of 2024 as expenses shrink
Sep 6, 2024
WASHINGTON (Reuters) -The U.S. banking industry recorded profits of $71.5 billion in the second quarter of 2024, up 11.4% on the prior quarter, the Federal Deposit Insurance Corporation reported Thursday. Profits were boosted by shrinking expenses, as well as higher non-interest income, the regulator said. However, it also noted that signs of strain in commercial real estate and credit card...
Ford August Vehicle Sales Up 13.4% Year Over Year
Ford August Vehicle Sales Up 13.4% Year Over Year
Sep 6, 2024
10:08 AM EDT, 09/05/2024 (MT Newswires) -- Ford Motor Company ( F ) sold 182,985 vehicles in August, up 13.4% from 161,300 vehicles sold in August 2023, the company said Thursday. The automaker sold 8,944 electric vehicles, 16,394 hybrid vehicles and 157,647 internal combustion vehicles during the month, up 28.9%, 49.8% and 9.9%, respectively, year over year. Trucks continued to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved