Doug Field, former Tesla and Ford executive, has been appointed president of Mind Robotics, a startup spun out of Rivian focused on industrial AI and robotics. The company aims to automate manufacturing tasks using purpose-built robots powered by foundation models, leveraging Rivian's factory as a real-world testing ground. With over $1 billion in funding from major investors, Mind Robotics plans to scale operations rapidly under Field's leadership. Rivian CEO RJ Scaringe remains involved but has delegated daily operations to Field, signaling a strong push toward commercializing advanced industrial automation technology.
Rivian Automotive, Inc. (RIVN) trades at USD 13.44 on Pluang as of Oct 14, 2026 01:41 WIB, down 0.74% in the past day. The company’s market cap stands at $19.60 billion with a 52-week low of $12.50 and a high of $22.45, showing significant volatility. This comes as Rivian spins off Mind Robotics, appointing former Ford EV chief Doug Field to lead the new venture focused on industrial AI and robotics, signaling a strategic shift toward automation.
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