Uber will invest up to $1.25 in Rivian. The investment is part of a partnership between the two brands: Rivian will help Uber deploy up to 50,000 robotaxis across a handful of countries through 2031.

Shares of Rivian Automotive (RIVN +3.80%) jumped about 10% in premarket trading on Thursday following news of a massive cash injection from ride-hailing giant Uber Technologies (U

Rivian just announced a new partnership with Uber, which will see the latter invest $1.25 billion through 2031 towards the development of fully self-driving vehicles. $300 million has been committed (pending signing),

FARMINGTON HILLS, Mich. – Rivian founder and CEO R.J. Scaringe wants to anchor his company as a software powerhouse, developing key features and expertise that extend far beyond Rivian’s models.

Rivian CEO RJ Scaringe shares his thoughts and plans for his newest startup, Mind Robotics.

Rivian CEO RJ Scaringe thinks that all robotics companies are missing the point with humanoid robots, and his Mind Robotics startup aims to fix that

Featuring RJ Scaringe, Founder and CEO, Rivian At a time when the electric vehicle market has been struggling with the end of federal tax credits for EVs and waning consumer demand, Rivian surprised investors in February with its biggest stock market gain since its IPO in 2021.

Rivian Automotive Inc. RIVN is down 16% in March as the company unveiled its R2 SUV at SXSW this week. CEO RJ Scaringe called it a “make-or-break product.” The launch model starts at $57,990, nearly $13,000 above the $45,000 entry price the company has ...