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Rivian’s Stock Surges 15% on Autonomous and AI Initiatives

Rivian’s Stock Surges 15% on Autonomous and AI Initiatives

Author:

Global Cryptocurrency

Published:

2025-12-12 20:02:02

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BTCCSquare news:

Rivian Automotive Inc. shares rallied 15% Friday, rebounding from Thursday's decline after unveiling ambitious autonomy and artificial intelligence plans. The EV maker's "Autonomy & AI Day" revealed a custom AI chip and expanded self-driving capabilities, now covering 3.5 million miles of North American roads—a 23-fold increase from previous limitations.

The announcement comes as traditional AI stocks face pressure amid bubble concerns, with Rivian positioning itself as a convergence play between electrification and intelligent mobility. Barclays analysts note the update narrows the gap with Tesla's Autopilot system, signaling Rivian's strategic pivot toward software differentiation in a challenging EV market.

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