RJ Scaringe, CEO of Rivian, discusses the company’s shift towards developing its own self-driving technology during an event where investors and analysts are present. Rivian aims to create AI chips for higher levels of vehicle autonomy, similar to Waymo, but at a faster pace. The company recently showcased its hands-free driving capabilities, which will be available on 3.5 million miles of North American roads, starting with a subscription service. This move represents Rivian’s strategy to remain competitive against Tesla and other automakers in the evolving EV landscape.
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