Rivian announces new AI tech, in-house chip and robotaxi ambitions

Rivian announces new AI tech, in-house chip and robotaxi ambitions


Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California.

Credit: Rivian

Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy and AI Day” on Thursday in Palo Alto, California.

Rivian also said it plans to roll out an Autonomy+ subscription with “continuously expanding capabilities” to customers in early 2026, to be powered by its Rivian Autonomy Processors and autonomy computers.

The Autonomy+ offering will be priced at $2,500 as a one-time upfront purchase or is available for $49.99 per month to start. By comparison, competitor Tesla offers its premium FSD (Supervised) option for $8,000 upfront or a $99 per month fee.

The company said in a statement that a near-future software update will include a “Universal Hands-Free,” capability, allowing Rivian customers “hands-free driving” on “over 3.5 million miles of roads in North America, covering the vast majority of marked roads in the US.”

Unlike its primary competitor, Tesla, Rivian said it intends to use lidar, or light detection and ranging, systems and radar sensors in its forthcoming cars to enable “level 4,” or fully automated driving, as defined by SAE Levels of Driving Automation.

A passenger can sleep in the back seat in a level 4 self-driving car while it carries them to their destination in normal traffic and weather conditions. Waymo, the Alphabet-owned robotaxi leader in the U.S., considers its vehicles level 4.

Rivian CEO RJ Scaringe said Thursday the company’s forthcoming self-driving vehicles enable the company to pursue robotaxis, which Tesla has promised for years but has yet to launch.

“Now, while our initial focus will be on personally, owned vehicles, which today represent a vast majority of the miles to the United States, this also enables us to pursue opportunities in the rideshare space,” Scaringe said during the event.

Stock Chart IconStock chart icon

hide content

Rivian and Tesla stock’s since Rivian went public.

Rivian is not alone in aiming to deliver autonomous systems that meet level 4 expectations, while rolling out partially automated features along the way to drivers who generally want these to reduce fatigue on long drives or make them safer behind the wheel overall.

Tesla and General Motors are working on their own proprietary driverless systems, while Honda, Lucid and Nissan have partnered with venture-backed autonomous vehicle tech startups (Helm.AI, Nuro and Wayve respectively) to develop similar systems with a range of different technical approaches.

Powering Rivian’s self-driving aspirations will be a new in-house chip developed by the company, which is set to launch in 2026. Vidya Rajagopalan, Rivian vice president of electrical hardware, said the chip uses “multi-chip module” packaging and has “high memory bandwidth,” which is “key for AI applications.” Rivian’s chip boasts bandwidth of 205 gigabytes per second.

Rivian is under pressure to prove its future growth potential to investors and to grow its customer base amid slowing sales of battery electric vehicles in the U.S. and competition from Chinese EV makers internationally.

The fully electric vehicle segment has experienced a sales slump domestically after the Trump administration put an early end in September to a $7,500 federal tax credit previously available for EV buyers in the U.S.

Shares of Rivian are up about 25% this year, but remain off more than 80% since the company’s 2021 initial public offering amid internal and external challenges.



Source

Home prices go negative for the first time in over 2 years — and may stay that way for a while
Business

Home prices go negative for the first time in over 2 years — and may stay that way for a while

A home is shown for sale in The Heights in Houston, Monday, Oct. 27, 2025. Kirk Sides | Houston Chronicle | Getty Images Home prices have finally come down compared with last year, though just fractionally, according to daily reads from Parcl Labs, which looks at high-frequency listing data on single-family homes, condos and townhomes, […]

Read More
Walton family fortune: How America’s richest family manages their wealth
Business

Walton family fortune: How America’s richest family manages their wealth

Rob Walton, left, Walmart retired chairman of the board, and Walmart board member Steuart Walton listen at the Walmart annual formal business and shareholders meeting in Rogers, Arkansas, on May 30, 2018. Walmart shareholders from around the world can attend meetings throughout the week. Rick T. Wilking | Getty Images A version of this article […]

Read More
Art Basel Miami sees strong attendance and sales as art market recovers
Business

Art Basel Miami sees strong attendance and sales as art market recovers

Art Basel Miami Beach racked up strong sales and attendance last week, as the art market rode a wave of renewed confidence following the strong November auctions in New York. More than 80,000 collectors and art fans poured into the Miami Convention Center for the annual art show, with several works selling for over $1 […]

Read More