Saudi Arabia’s NEOM Signs Major $100 Million Deal With Pony.ai for Driverless Transport

Saudi Arabia’s NEOM Signs Major $100 Million Deal With Pony.ai for Driverless Transport

Saudi Arabia’s megaproject NEOM has announced a massive investment of $100 million via the NEOM Investment Fund (NIF) into Pony.ai, a global autonomous driving company. In addition to this investment, the two entities will establish a joint venture dedicated to autonomous technology solutions within the region. Under the new deal, NEOM and Pony.ai will collaborate to develop, …

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