Rivian Spins Off a Robotics Startup to Foray Into Physical A.I.

Rivian Spins Off a Robotics Startup to Foray Into Physical A.I.

Rivian, the electric vehicle maker known for its sleek, adventure-ready designs, is venturing into robotics. The Irvine, Calif.-based company’s newest spinoff, Mind Robotics, focuses on applying A.I.-powered robots to industrial settings. The spun-off entity has already raised $115 million in funding. Mind Robotics was unveiled during Rivian’s third-quarter earnings yesterday (Nov. 4). Rivian reported $1.5…

Read More