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Pony AI Widens Loss in Q1

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Pony AI (HKG:2026) recorded an attributable loss of $50.4 million in the first quarter, compared with $43 million a year prior, according to a Tuesday filing with the Hong Kong bourse.

The autonomous driving technology company's loss per share remained unchanged over the two periods at $0.12.

Revenue surged 145% to $34.3 million from $14 million in the year-ago period, mainly driven by growth in Robotaxi service and intelligent solution revenues.

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