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EV-Maker Rivian Comes to Market in Biggest IPO of the Year

Rivian Automotive Inc. raised about $11.9 billion in the year’s largest initial public offering Tuesday, pricing shares at $78 each. Bloomberg’s Craig Trudell reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here: Get the latest in tech from Silicon Valley and…

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Rivian Automotive Inc. raised about $11.9 billion in the year’s largest initial public offering Tuesday, pricing shares at $78 each. Bloomberg’s Craig Trudell reports.
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1 Comment

1 Comment

  1. Tim R

    November 10, 2021 at 10:58 pm

    what a rip off IPO stock price is totally insane
    the stock market needs reform and major correction now
    stop over valuing for future possible ten years from now profit such a load of bullshit
    ‘this company is not worth more than $18 billion in assets and sales so should not be more than $20 a share

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Bloomberg Technology

OpenAI Will Keep Driving Down Prices, Sam Altman Says

OpenAI CEO Sam Altman says the company wants to keep driving down the price of artificial intelligence. He talks about the launch of their new AI agent called Dots with Bloomberg’s Ed Ludlow. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow…

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OpenAI CEO Sam Altman says the company wants to keep driving down the price of artificial intelligence. He talks about the launch of their new AI agent called Dots with Bloomberg’s Ed Ludlow.
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Bloomberg Technology

OpenAI Holds Back Astra Model Over Safety Concerns

OpenAI is holding back a version of its advanced Astra model while it develops stronger safeguards, offering one of the clearest examples yet of what the company’s call for “pacing” AI development means in practice. Bloomberg’s Natasha Mascarenhas discusses concerns that the model wasn’t reliably staying within its authorized scope, and recent incidents involving OpenAI…

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OpenAI is holding back a version of its advanced Astra model while it develops stronger safeguards, offering one of the clearest examples yet of what the company’s call for “pacing” AI development means in practice. Bloomberg’s Natasha Mascarenhas discusses concerns that the model wasn’t reliably staying within its authorized scope, and recent incidents involving OpenAI models accessing outside systems. She joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Can AI Make the Federal Government More Efficient?

Council on Foreign Relations senior fellow Sebastian Mallaby discusses the Trump administration’s push to use AI to make the federal government more accessible and efficient, while navigating a growing divide over how quickly the technology should advance. He also examines the evolving relationship between President Trump and Anthropic CEO Dario Amodei, whose warnings about AI…

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Council on Foreign Relations senior fellow Sebastian Mallaby discusses the Trump administration’s push to use AI to make the federal government more accessible and efficient, while navigating a growing divide over how quickly the technology should advance. He also examines the evolving relationship between President Trump and Anthropic CEO Dario Amodei, whose warnings about AI risk contrast with the administration’s focus on accelerating US development and maintaining its lead over China. He joins Ed Ludlow on “Bloomberg Tech.”
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