Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.

China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each.

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Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics risk as tensions between Beijing and Washington remain volatile, according to Chief Executive Officer James Peng.

Jet.AI (NASDAQ:JTAI) has received Nasdaq confirmation that it has regained compliance with the $2.5M stockholders’ equity and minimum bid price requirements. As of November 26, 2024, there was ~$6.8M in pro forma shareholders’ equity and cash and cash equivalents of $6.

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(Reuters) -Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.

We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other AI stocks.