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Chinese self-driving startup Momenta is raising $751 million in a Hong Kong IPO

The GM- and Tencent-backed firm plans to use about 60% of proceeds to fund R&D, including AI computing and data storage

Chinese self-driving startup Momenta is raising $751 million in a Hong Kong IPO

Published June 29, 2026 · Category: Markets

Overview

The GM- and Tencent-backed firm plans to use about 60% of proceeds to fund R&D, including AI computing and data storage

Source

Originally published at qz.com.

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