Rivian Automotive Aktie News

Rivian is using custom-designed chips to power its in-vehicle computations. The company also announced a new autonomous driving service.

Are investors ready to buy into Rivian's vision for its autonomous vehicles and AI?

Rivian Automotive Inc (NASDAQ: RIVN) rallied more than 15% today after the electric vehicles (EV) specialist showcased bold plans to accelerate its push into autonomous driving. At its inaugural “Autonomy & AI Day”, the company unveiled a proprietary autonomy processor, a full artificial intelligence (AI) driving stack, and a self-driving subscription service slated for 2026.

Are investors ready to buy into Rivian's vision for its autonomous vehicles and AI?

Rivian Automotive ( NASDAQ:RIVN ) held its first Autonomy and AI Day conference yesterday, unveiling its inaugural in-house AI chip, the Rivian Autonomy Processor (RAP1).

Rivian impressed Wall Street analysts on Thursday with its plans for AI and automation, but significant challenges involving demand and capital remain for the electric vehicle maker. That's according to comments compiled by CNBC following Rivian's first "Autonomy and AI Day" on Thursday in Palo Alto, California.

Shares of Rivian Automotive surged 18% on Friday as analysts issued bullish commentary on the electric pickup truck and SUV maker's efforts to develop a custom chip for self-driving features and its integration of artificial intelligence.

Rivian Automotive Inc (NASDAQ:RIVN) has developed its own chip and artificial intelligence models to power future self-driving features, the company announced Thursday at an event in Palo Alto, California. The move will replace Nvidia-powered systems currently embedded in Rivian's vehicles and forms part of the company's broader push into autonomous driving and software-driven services.