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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

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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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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How Apple’s Lawsuit Could Disrupt OpenAI’s Bid to Rival the iPhone

Apple’s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company’s device ambitions long before the case is resolved. Bloomberg’s Mark Gurman joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Apple’s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company’s device ambitions long before the case is resolved. Bloomberg’s Mark Gurman joins Ed Ludlow on “Bloomberg Tech.”
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AI Selloff, Apple vs. OpenAI & the Future of Defense Tech | Bloomberg Tech 7/13/2026

Bloomberg’s Ed Ludlow breaks down why an AI-fueled stock rout in South Korea spilled over into the US market Monday, sending SK Hynix ADRs falling in their second US trading day. Plus, Apple and OpenAI’s AI rivalry enters the courtroom, with Apple filing a sweeping trade secrets lawsuit against the ChatGPT maker. And, FCC Chairman…

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Bloomberg’s Ed Ludlow breaks down why an AI-fueled stock rout in South Korea spilled over into the US market Monday, sending SK Hynix ADRs falling in their second US trading day. Plus, Apple and OpenAI’s AI rivalry enters the courtroom, with Apple filing a sweeping trade secrets lawsuit against the ChatGPT maker. And, FCC Chairman Brendan Carr joins to talk regulating space, and Palantir co-founder and 8VC managing partner Joe Lonsdale sits down with Ed to discuss his outlook for the defense tech sector.

00:00:00 – Bloomberg Tech Begins
00:01:25 – Dina Bass, Bloomberg News
00:05:02 – Ipek Ozkardeskaya, Swissquote
00:10:36 – Brendan Carr, FCC Chairman
00:22:22 – Mark Gurman, Bloomberg News
00:26:27 – Maggie Eastland, Bloomberg News
00:28:15 – Joe Lonsdale, Palantir Co-Founder

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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