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With Pony’s offering, Chinese companies have raised $1.2 billion via U.S. IPOs this year, nearly double the amount in the same period in 2023 but below the heights seen during the pandemic.

Silicon Valley is bracing for a different relationship with the U.S. government as Donald Trump prepares to return to the White House.

Sunnyvale, Calif., will host both a research and development semiconductor facility and serve as joint headquarters for Natcast and the National Semiconductor Technology Center.

The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.

Since May, the independent subsidiary of Daimler Truck has been conducting fully driverless truck tests on a multi-lane test track in Texas, the company revealed Oct. 29.

Autonomous electric yard tractor software developer Outrider raised $62 million in an oversubscribed Series D financing round, it said Oct. 24.

NASHVILLE, Tenn. — Autonomous trucks could help ease liability risk and alleviate rising insurance costs in the trucking industry by proactively identifying hazards and avoiding crashes.

As autonomous truck developers move ­closer to deploying fully driverless on-highway tractors, they are also pioneering a set of new, specialized job functions.

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.