Pony AI Delivers First-Ever Profitable Quarter
Pony AI has set a goal of deploying robotaxis with partners in more than 20 cities worldwide this year.
More in Transport
Clear Secure Analyst Says Firm Emerging as Winner From TSA Chaos
While record-breaking airport wait times may be frustrating travelers and disrupting vacation plans across the country, the chaos has been a boon for security firm Clear Secure Inc., which has been counting on desperate passengers to boost to its membership numbers, according to analysts at DA Davidson & Co.
Meta and Google Found Liable; Corebridge and Equitable Merge; Pony AI Swings to Profit
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion. - Meta Platforms Inc. and Alphabet Inc.’s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a jury concluded in a landmark decision that could signal hefty risks for the companies as they fight thousands of similar claims. - Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business. (Source: Bloomberg)
Iran War Is Pushing Consumers to Break Up With Fossil Fuels
Consumers are responding to one of the largest disruptions in global oil markets by embracing low-carbon technologies that promise to lower gas and power bills.
Training Driving AI at 50k× Real Time
More from Pivot News
Fact or fiction: Exploring the reality of AI in payments testing
Exploring the expectations and realities of AI in payments testing.
Patch and perish: The hidden risks of incremental payment modernisation
What strategic capabilities must executives invest in now to prevent today’s rising real-time volumes from becoming tomorrow’s systemic or reputational failures?