Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter covering noteworthy happenings in the tech industry. This week, Google launched two new open large language models, Gemma 2B and Gemma 7B, in its continued bid for generative AI dominance. The company, which describes the LLMs as “inspired by Gemini,” its flagship family of GenAI … Read more
Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter that recaps the last few days in tech. This week, social network Bluesky opened for anyone to join — which feels appropriate here in NYC, given the sunshine and unseasonably warm temperatures we’ve been enjoying. For those more inclined to while away the days … Read more
Rivian will reveal its next-generation vehicle — a smaller, cheaper electric SUV known as R2 — on March 7, the company announced Monday morning. There’s little other detail about the event, though it’s expected to be held in Laguna Beach, California, as the company recently filed paperwork for an event there under the title “RIVIAN … Read more
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland | CNBC Shares of Rivian Automotive declined 10% on Tuesday after the company reported increased vehicle production during the fourth quarter but fewer deliveries than the previous period. The company said it delivered 13,972 vehicles … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25162299/rivian_mockup_1920x1080.jpg)
Rivian finally has a second customer for its commercial electric vehicles. Today, AT&T announced it’s spinning up a pilot program to switch its commercial fleets to EVs, including Rivian’s commercial van and R1 platform trucks. AT&T’s first Rivian EVs are expected to join the fleet in early 2024. However, there are no details on how … Read more
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Rivian on Monday started leasing select models of its all-electric R1T pickup truck, a move to expand sales and customer base beyond early adopters of electric vehicles. … Read more
Rivian founder and CEO RJ Scaringe has taken on another role within the publicly traded EV maker as chief product officer Nick Kalayjian moves out of the job and eventually into an advisory position, according to a regulatory filing and internal emails viewed by TechCrunch. Scaringe will now be responsible for all product development — … Read more
Tesla shareholders condemned Elon Musk’s antisemitic behavior, on his own social media platform, X, and other media outlets Thursday. Some investors are publicly saying he should be suspended, according to a Bloomberg report Friday. Apple also took action over Musk’s tweets by pausing ads on X, Axios reported Friday. Did Elon Musk Regret Buying Twitter? … Read more
Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter with results that beat Wall Street expectations and suggested a rosier future, including raising its annual production guidance from 52,000 to 54,000 vehicles. The EV maker reported Tuesday (after markets closed) revenue of $1.33 billion, a figure driven … Read more
(Reuters) -Rivian Automotive reported better-than-expected third-quarter revenue on Tuesday and raised its production forecast for the full year by 2,000 vehicles to 54,000 units. Shares of Rivian, which closed 1.4% higher, rose more than 3% in volatile after-hours trading. However, Rivian’s smaller rival Lucid cut its production forecast on Tuesday “to prudently align with deliveries”, … Read more