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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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Intel Joins Musk’s Terafab Project With Tesla, SpaceX, xAI | Bloomberg Tech 4/7/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Intel’s plan to join Elon Musk’s Terafab project with Tesla, SpaceX, and xAI. Plus, Broadcom and Google expand an agreement with Anthropic to power the AI startup’s burgeoning operations. And Bill Ackman looks to make a deal for the world’s largest music company, Universal Music Group. ——– “Bloomberg…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Intel’s plan to join Elon Musk’s Terafab project with Tesla, SpaceX, and xAI. Plus, Broadcom and Google expand an agreement with Anthropic to power the AI startup’s burgeoning operations. And Bill Ackman looks to make a deal for the world’s largest music company, Universal Music Group.
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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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NASA Crew Loops Moon and Heads Home

The crew of Artemis II is on their way back to Earth after breaking the record for distance traveled by humans into deep space and viewing the far side of the moon. Ed Ludlow and Caroline Hyde discuss milestones and what comes next on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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The crew of Artemis II is on their way back to Earth after breaking the record for distance traveled by humans into deep space and viewing the far side of the moon. Ed Ludlow and Caroline Hyde discuss milestones and what comes next on “Bloomberg Tech.”
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Identifying Nonobvious AI Winners

The HumanX conference is underway, highlighting developments in AI. Wesley Chan, managing partner at FPV, discusses some of the nonobvious industries where startups are leveraging AI. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology”…

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The HumanX conference is underway, highlighting developments in AI. Wesley Chan, managing partner at FPV, discusses some of the nonobvious industries where startups are leveraging AI. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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