Rivian has introduced its Rivian Assistant AI through a software update for R1T and R1S electric vehicle owners subscribed to the Connect Plus plan, with the feature also coming to the upcoming R2 model. The AI assistant operates natively on the vehicle's hardware, enabling advanced voice commands that understand natural language and context, such as adjusting vehicle settings and managing tasks like navigation and messaging. It integrates with Google Calendar for multitasking and promises to improve over time by learning driver preferences while maintaining user privacy controls. This rollout enhances the value of Rivian's Connect Plus subscription and marks a significant step in in-car AI technology.
Rivian Automotive's spinout, Mind Robotics, secured $400 million in a funding round led by Kleiner Perkins, with participation from Volkswagen and Salesforce venture arms. This investment raised Mind Robotics' valuation to $3.4 billion, up from $2 bi...
Mind Robotics, a spinoff from Rivian focused on industrial robotics, has secured an additional $400 million in funding, following a $500 million raise two months prior. Led by Kleiner Perkins with investments from Volkswagen and Salesforce venture ar...
Tesla reported $22.39 billion in Q1 revenue with a 21.1% automotive gross margin, boosted by a 51% increase in Full Self-Driving subscriptions and a doubling of free cash flow to $1.44 billion. Rivian's revenue was $1.381 billion, but its automotive ...
