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Chinese AV startup Pony AI boosts its IPO goal to $260M | TechCrunch

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Summary
Nutrition label

80% Informative

To meet the goal, Pony will sell as many as 20 million American depository shares.

That’s still down from the much higher target of $425 million , which Pony was aiming for earlier this year .

Pony has had its struggles with early testing in the United States , including losing its permit to test AVs in 2022 .

VR Score

80

Informative language

77

Neutral language

79

Article tone

formal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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