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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.

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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.

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11 Comments

11 Comments

  1. Frank Partida

    October 7, 2021 at 2:24 am

    Wow. Good info.

  2. 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.

  3. No Secrets Fishing

    October 7, 2021 at 3:23 am

    At least we know the bubble hasn’t popped yet

  4. Djjoshski

    October 7, 2021 at 7:46 am

    Then there is Jim Cramer

  5. Peter Wakeman

    October 7, 2021 at 11:47 am

    Legal action from Tesla?

    • D

      October 7, 2021 at 8:26 pm

      Tesla sucks.

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Bloomberg Technology

Agility Unveils Humanoid Built to Work With People

Agility Robotics unveiled Digit 5, a new humanoid designed to safely work alongside people without the physical barriers required by earlier models. Agility Robotics CEO Peggy Johnson joins Bloomberg Tech’s Ed Ludlow to discuss how the robot can take on more complex warehouse and manufacturing tasks as Agility looks to expand deployments beyond the nine…

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Agility Robotics unveiled Digit 5, a new humanoid designed to safely work alongside people without the physical barriers required by earlier models. Agility Robotics CEO Peggy Johnson joins Bloomberg Tech’s Ed Ludlow to discuss how the robot can take on more complex warehouse and manufacturing tasks as Agility looks to expand deployments beyond the nine customer facilities it operates in today, and how AI can accelerate the timeline for Digit 5 to learn new skills.
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Carney Calls for Global Tech Body to Boost AI Guardrails

Canada wants to see the creation of a global “technology stability” body to help oversee AI and ensure it is safe, Prime Minister Mark Carney said in an interview with Bloomberg’s Brian Platt ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Canada wants to see the creation of a global “technology stability” body to help oversee AI and ensure it is safe, Prime Minister Mark Carney said in an interview with Bloomberg’s Brian Platt
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David Sacks: Anthropic, OpenAI Can Slow Down AI on Their Own

David Sacks, co-chair of the President’s Council of Advisors on Science & Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don’t need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader…

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David Sacks, co-chair of the President’s Council of Advisors on Science & Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don’t need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader regulatory framework, saying today’s frontier AI labs are setting the frontier themselves and do not need “anyone else’s permission.” He also underlines that any approach must account for competition with China, which is unlikely to join a global agreement to slow down AI development. He speaks to Bloomberg’s Ed Ludlow.
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