29 Nov 2024
Pony.ai made its remarkable debut on NASDAQ this week, with its opening price soaring 15% above the issue price, valuing the company at $5.25 billion. What’s even more exciting? Back in September, OxValue.AI’s White Paper on AI Startups and Value Creation projected Pony.ai’s valuation at $5.34 billion—a prediction that’s incredibly close to its market valuation! More can be read on White Paper on AI Startups and Value Creation.
This milestone underscores not only the growing global confidence in cutting-edge autonomous driving technology but also the precision and reliability of OxValue.AI’s VEST (Valuation of Early-Stage Technology) tool. Powered by proprietary valuation theories, industry-specific databases, and customised algorithms, VEST achieves over 90% accuracy in forecasting valuations.
From accurately valuing WeRide and CiDi to hitting the mark with Pony.ai, OxValue.AI continues to set a new benchmark in technology valuation. We’re excited to keep supporting global technology transfer and innovative enterprises with objective, efficient, and actionable insights. Together, we’re shaping the future of technology commercialisation!