Friday, June 19, 2026

Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO (Jiahui Huang/Wall Street Journal)

Jiahui Huang / Wall Street Journal:
Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO  —  The company has also been backed by Toyota and SAIC Motor  —  Chinese autonomous-driving company Momenta's valuation has reached around $9 billion …



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Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings (Marilen Martin/Bloomberg)

Marilen Martin / Bloomberg : Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial ap...