ponyai

The most valuable Chinese autonomous driving startup has raised $50 million from Shenzhen-listed gaming company Beijing Kunlun Tech.

Ride-hailing firms are ideally placed in the race to put autonomous vehicles on the road, argues the Chinese unicorn’s CTO. Didi is making a big push to be first.

Promising China-US startup Pony.ai lures the "godfather" of Chinese tech and a venture capital pioneer, as well as new backing from its seed round backers.

Barely a year old, the Chinese start-up has raised cash from Sequoia Capital and IDG Capital to support its talented team. But the road to build a self-driving car is looking congested.

Some of the brightest Chinese talents in the booming AI sector are returning home to a country poised to become the world's largest market for autonomous vehicles. Investors are taking note.