Uber is reportedly in discussions to invest over $10 million in the upcoming U.S. initial public offering (IPO) of Chinese autonomous driving startup Pony AI. The investment comes as Pony AI seeks to raise up to $260 million in the IPO, which is expected to be priced next week. Pony AI, known for its driverless taxi operations in cities such as Beijing, Shenzhen, and Guangzhou, has been increasing its ambitions in the autonomous vehicle sector. Recent reports suggest that Uber's potential investment aligns with its strategy to enhance its presence in the automated driving technology space, where it has already partnered with firms like Waymo and invested in Wayve Technologies Ltd. The collaboration may also allow Uber to leverage Pony AI's technology for its own operations in the U.S.