Rivian Stock Soars Following These Announcements At Its Autonomy & AI Day

Rivian (RIVN) surged in Friday’s stock market to its highest levels since January 2024 following Thursday’s “Autonomy & AI Day” where the EV startup announced it has developed an in-house silicon AI chip, while also outlining its next-generation AI platform. Rivian also reported its new autonomous vehicle platform will include a combination of cameras, radar and LiDAR. The EV startup…