#data-flywheel

#data-flywheel

The arrival of the Waymo helps clarify the challenge that lies ahead for Rivian. A few hours earlier, Scaringe was onstage in front of an audience of hundreds of investors, reporters, and influencers gathered for the company's announcement of a huge, expensive, and undeniably risky bet on autonomy and AI. The goal, he said, is for Rivian to design its own AI chips that can help power higher levels of autonomy, eventually leading to Level 4 - no human supervision required within certain limits.

"We believe there are synergies shared between the development of autonomous driving and physical AI," the company said in its third-quarter shareholder letter. "Mind Robotics will focus on the advancement of industrial AI to reshape how physical world businesses operate and leverage Rivian operations data as the foundation for a robotics data flywheel." It added that the kind of "AI-enabled robotics" it plans to build "can support a wide range of industrial applications."