Rivian Secures $1.25B Uber Investment in AI-Powered Vehicle Push

Maya Chen

AI Business CorrespondentMar 26AI Business✓Verified across 1 source

The Brief

Uber invested $1.25 billion in Rivian as the electric vehicle maker pivots toward AI development. The deal aims to stabilize Rivian's finances after recent losses and position both companies for autonomous delivery and ride-sharing applications.

✓Verified across 1 independent source

Sources

01https://aibusiness.com/generative-ai/rivian-s-bet-on-ai-attracts-1.2b-uber-deal

Rivian Secures $1.25B Uber Investment in AI-Powered Vehicle Push

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