PlusAI eyes $200M at unicorn valuation

PlusAI is nearing the close of a $200 million round that would value the autonomous transportation company at more than $1 billion, according to Bloomberg. Existing investors Sequoia and Full Truck Alliance are reportedly among the investors participating in the financing. Founded in 2016 by Stanford classmates, the San Jose-area company is a developer of self-driving technology for the commercial trucking industry.

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