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Rivian Sees R2 Driving Its Path to Profitability

Rivian CFO Claire McDonough joins Bloomberg’s Ed Ludlow as the EV maker begins delivering its highly anticipated R2 SUV. She discusses early customer demand, the production ramp, and why the more affordable vehicle is expected to drive Rivian toward automotive gross-profit positivity by the end of 2026. McDonough also outlines the company’s capital position, software…

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Rivian CFO Claire McDonough joins Bloomberg’s Ed Ludlow as the EV maker begins delivering its highly anticipated R2 SUV. She discusses early customer demand, the production ramp, and why the more affordable vehicle is expected to drive Rivian toward automotive gross-profit positivity by the end of 2026. McDonough also outlines the company’s capital position, software strategy, and how recurring software revenue is becoming a larger part of the business.
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7 Comments

7 Comments

  1. @acchaladka

    July 30, 2026 at 6:59 pm

    I’m super impressed by team Rivian and by them hitting deadlines over the last year like, snick snick snick. They seem to be the REI / Patagonia of car companies and I’m biased for them – aside from the fact they are ‘not political’ like other EV companies. The CFO’s Midwestern vibe is totally them.

  2. @yidnie

    July 30, 2026 at 7:30 pm

    Interestingly, the journalist looks like the CEO of Rivian.

  3. @sunchiadventures

    July 30, 2026 at 8:00 pm

    I really dig Rivian as a brand and know they will execute and succeed.

  4. @Sqeptick

    July 30, 2026 at 8:10 pm

    She’s obviously bright, but she was so stuck on her talking points I was beginning to think she didn’t hear any of the actual questions.

    • @syhaynes

      July 30, 2026 at 9:06 pm

      100%

  5. @kc-xb9dr

    July 30, 2026 at 8:20 pm

    The interviewer looks a bit like RJ

  6. @syhaynes

    July 30, 2026 at 9:06 pm

    She’s really good at not answering questions

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Bloomberg Technology

Odd Lots: The AI Trade Shrugs Off a Blue Wave and a Tech Scandal

It’s been a big month so far for American politics and the tech industry. Democrats deliver a sweeping win across the country, calling continued AI development into question. Nvidia launches an investigation into CEO Jensen Huang’s affair with an alleged Chinese spy. There are plenty of things to make investors jittery, yet we’re seeing a…

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It’s been a big month so far for American politics and the tech industry. Democrats deliver a sweeping win across the country, calling continued AI development into question. Nvidia launches an investigation into CEO Jensen Huang’s affair with an alleged Chinese spy. There are plenty of things to make investors jittery, yet we’re seeing a tech rally as markets await the upcoming Anthropic IPO.

Bloomberg’s Michael Ball joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to unpack why the tech trade is showing resilience despite macro jitters.
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Bloomberg Technology

Anthropic IPO Demand Surges as CoreWeave Calms AI Fears

Bloomberg’s Riley Griffin takes a look at Anthropic’s potentially record-breaking IPO, with sources saying it’s already multiple times oversubscribed. Plus, CoreWeave reassures Wall Street with third-quarter sales topping analyst estimates and easing fears about the debt tied to its rapid AI buildout; and Congressman Raja Krishnamoorthi discusses how the Nvidia scandal is felt across Washington…

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Bloomberg’s Riley Griffin takes a look at Anthropic’s potentially record-breaking IPO, with sources saying it’s already multiple times oversubscribed. Plus, CoreWeave reassures Wall Street with third-quarter sales topping analyst estimates and easing fears about the debt tied to its rapid AI buildout; and Congressman Raja Krishnamoorthi discusses how the Nvidia scandal is felt across Washington and beyond.
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Anthropic Targets $1.4 Trillion Valuation in Blockbuster IPO

Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The company’s IPO is set to price on Wednesday, Nov. 18 and trade the following day. Bailey Lipschultz has more. ——– Like this video? Subscribe to…

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Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The company’s IPO is set to price on Wednesday, Nov. 18 and trade the following day. Bailey Lipschultz has more.
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