Rivian Makes ‘Huge Commitment’ to AI by Unveiling Its Own Chip

Rivian Automotive Inc. shares fell after the company unveiled its own artificial intelligence chip designed to replace Nvidia Corp. technology as part of a broader push to enhance automated-driving features in future vehicles. “This is not a bet one takes lightly, this is a huge commitment that’s taken us years,” Rivian Chief Executive Officer RJ Scaringe said to Bloomberg’s Ed Ludlow.

00:00 Rivian ceo
00:30 Rivian unveils new chip
01:40 Launching gen 2 vehicles
03:30 Future of autonomous driving
06:30 How lidar has changed
08:26 Rivian’s bold bet

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