Rivian's AI & Autonomy Push: Tech & Market Reactions

Rivian, an electric vehicle manufacturer, recently showcased its AI, automation, and custom chip plans at its first Autonomy and AI Day. The companys stock initially dropped but later surged, reflecting mixed market reactions. Rivians new offerings include a proprietary chip, evolved software, and an AI assistant, with a roadmap for personal Level four autonomy. Despite these advancements, Rivian still faces financial challenges and must prove its capabilities, particularly with its upcoming R two SUV.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.