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Amazon-Backed Rivian in Talks for Texas Factory

Rivian Automotive, the electric-vehicle startup backed by Amazon.com, is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News. Bloomberg’s Ed Ludlow has more on “Bloomberg Markets.” (Source: Bloomberg)

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Rivian Automotive, the electric-vehicle startup backed by Amazon.com, is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News. Bloomberg’s Ed Ludlow has more on “Bloomberg Markets.” (Source: Bloomberg)

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11 Comments

11 Comments

  1. WitheringRiser

    August 11, 2021 at 6:36 pm

    First elon now bezos coming to texas

    • Mark Plott

      August 11, 2021 at 11:49 pm

      BOZO the Clown cant even get to ORBIT.

  2. Ajinomoto

    August 11, 2021 at 6:47 pm

    Waiting for the “copy cat” tweet from elon.

  3. thejeffinvade

    August 11, 2021 at 6:55 pm

    Jeff Bezos is really encroaching on Elon’s territory. Maybe Elon should invest in some Amazon competitors. Wait, there is none, never mind.

    • James Black

      August 11, 2021 at 7:18 pm

      Austin should be chosen

    • Balla jallow

      August 11, 2021 at 8:04 pm

      Walmart is Amazon’s competitor

    • thejeffinvade

      August 11, 2021 at 8:08 pm

      @Balla jallow I don’t think Waltons will sell or will issue new stocks.

  4. Normalized Audio

    August 11, 2021 at 7:00 pm

    UAW has trouble in TX.

    • Mark Plott

      August 11, 2021 at 11:50 pm

      the BEST Union, is NO Union at all – ELON.

  5. Kyle Hubb

    August 11, 2021 at 9:21 pm

    Copycats!

  6. Mark Plott

    August 11, 2021 at 11:49 pm

    RIVIAN should FOCUS in Actually going into Production and Delivering Vehicles as Promised to Customers.

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Bloomberg Technology

Odd Lots: Maybe AI Won’t Kill Us All — Just Some of Us

Big Tech has been sounding alarms about the risk of AI causing human extinction but there are also skeptics who dismiss the notion, like former US Federal Trade Commissioner Alvaro Bedoya, who referenced the Black Death to dismiss warnings of existential risks. On this episode of the Odd Lots podcast recorded live at the Vermont…

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Big Tech has been sounding alarms about the risk of AI causing human extinction but there are also skeptics who dismiss the notion, like former US Federal Trade Commissioner Alvaro Bedoya, who referenced the Black Death to dismiss warnings of existential risks.

On this episode of the Odd Lots podcast recorded live at the Vermont Hollywood theater, Rachel Karten, author of the Link in Bio newsletter, and Taylor Lorenz, founder of User Mag, talk about the possibility of AI killing all humans, or maybe just some.
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Bloomberg Technology

James Manyika on AI Regulation

“I don’t think it should be left to any one company.” Google SVP James Manyika says a “collective effort” is needed to ensure AI safety. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:   Get the latest in tech from…

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“I don’t think it should be left to any one company.”

Google SVP James Manyika says a “collective effort” is needed to ensure AI safety.
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Bloomberg Technology

Billions Pour Into OpenAI, DeepSeek Ahead of IPOs

Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI…

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Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI risks from London’s Tech Stars event.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:01 – Bloomberg’s Mike Shepard on OpenAI Looking to UAE Funds to Anchor $30B Raise
00:05:53 – Bloomberg’s Peter Elstrom Discusses DeepSeek Blowing Past Its Initial Funding Target
00:09:44 – Bloomberg’s Brody Ford Reports on Google and Constellation Striking Nuclear Deal
00:13:16 – Paul Allen Reports on OpenAI Apologizing for Hack Against Australian Government
00:15:43 – Emily Bender, University of Washington Computational Linguistics Lab Director
00:22:58 – Talking Tech with Carmen Reinicke
00:24:11 – Emma Norchet, T. Rowe Price Partner
00:33:10 – Olivia Moore, Andreesen Horowitz Partner
00:40:36 – Jamie Dimon, JPMorgan Chase CEO
00:42:59 – Paramount Completes Acquisition of Warner Bros. Discovery
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