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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