Bloomberg Technology
Amazon Shapes Rivian’s Future and $80 Billion Valuation
Oct.06 — EV maker Rivian is prioritizing production of electric delivery vans for Rivian, over its own consumer EVs, Bloomberg reported on Wednesday. Bloomberg’s Ed Ludlow reports on the details of Rivian’s agreement with Amazon and the back story on how Jeff Bezos discovered the startup.
Bloomberg Technology
AI Chip Giants TSMC and SK Hynix Pull in Different Directions
TSMC soared while SK Hynix tumbled — why are are the two essential AI chip firms pulling in different directions? Tom Mackenzie explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get the latest in tech…
Bloomberg Technology
Lucid shares slide as EV maker hires restructuring adviser
Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.” Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle…
Bloomberg Technology
Palantir Co-Founder Joe Lonsdale on the AI Investment Boom
AI is fueling a new era of venture investing. Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, discusses the firm’s record $1.5 billion fund, why startup rounds are getting bigger, and where he’s placing his bets on the next generation of defense tech and AI companies. He joins Ed Ludlow on “Bloomberg Tech.”…
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Frank Partida
October 7, 2021 at 2:24 am
Wow. Good info.
Prabakaran Perumal
October 7, 2021 at 3:17 am
Zero car sold, but 80 billion valuations more than Ford and GM.
Kevon Dunn
October 7, 2021 at 6:35 am
Rivian is already delivering to retail customers. Check out the owner forums.
Buzz Man
October 7, 2021 at 11:38 am
@Kevon Dunn Negative cash flows for next 6 years
Zoltán Kárpát
October 7, 2021 at 11:39 am
@Kevon Dunn Yeah, but they are many years away from making a profit… ????♂️
D
October 7, 2021 at 8:27 pm
They have sold and delivered. So not correct.
D
October 7, 2021 at 8:28 pm
@Buzz Man so. Tesla has always been in debt.
No Secrets Fishing
October 7, 2021 at 3:23 am
At least we know the bubble hasn’t popped yet
Djjoshski
October 7, 2021 at 7:46 am
Then there is Jim Cramer
Peter Wakeman
October 7, 2021 at 11:47 am
Legal action from Tesla?
D
October 7, 2021 at 8:26 pm
Tesla sucks.