Rivian (NASDAQ: RIVN) and Lucid (NASDAQ: LCID) were both hot electric vehicle (EV) stocks. Rivian went public with an IPO price of $78 on Nov. 10, 2021, and its shares more than doubled to a ...

Elon Musk says that achieving free cash flow with Tesla Inc. (NASDAQ:TSLA), when its company rivals like Lucid Group Inc. (NASDAQ:LCID), Rivian Technologies Inc. (NASDAQ:RIVN) are burning through cash ...

RJ Scaringe is the founder and CEO of Rivian, where he has led the electric vehicle company from its inception in 2009 to its ...

What Happened? Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 6.6% in the afternoon session after a ...

But as the COVID-19 lockdown investing frenzy died out, it left an SUV-sized hole in Rivian’s stock price, with the stock currently trading 86.49% lower than its post-IPO and all-time high.

Analytics firm Databricks said on Tuesday its valuation was set to jump 61 per cent to more than $100-billion in a funding ...

Rivian sells three types of EVs: the R1T pickup, the R1S full-size SUV, and electric delivery vans for its top investor Amazon and other customers. Before its IPO in November 2021, Rivian claimed it ...

Shares are down significantly since Rivian launched its 2022 IPO, thanks to increased headwinds for the electric vehicle market since then, but there’s a clear synergy here with Amazon’s fleet ...

Databricks plans to use the funds for product development and acquisitions, reflecting a growing trend in AI investment.

Market growth is further propelled by deployment momentum: the global number of autonomous vehicle units rose from 16,960 in 2022 to 21,150 in 2023, with projections reaching 33,570 by 2025. The ...

Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing ...