Cantor ‘Very Encouraged’ After Rivian Autonomous Test Ride with Zero Interventions
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2 Articles
The Californian manufacturer has organized its first event dedicated to autonomy and artificial intelligence in its Palo Alto offices. The opportunity for Rivian to present the progress made since she abandoned her old deterministic approach in favor of a model of machine learning called "Large Driving Model". However, the demonstration reveals that the ... Read more Rivian unveils her ambition in autonomous driving with a redesigned system appe…
Cantor ‘Very Encouraged’ After Rivian Autonomous Test Ride with Zero Interventions
Cantor Fitzgerald came away “very encouraged” from Rivian‘s Autonomy and AI Day event held in Palo Alto, the firm said in a new research note sent out to clients on Friday. Analysts at Cantor participated in a demo ride on public roads which “required no human intervention,” and held conversations with the company’s founder and CEO RJ Scaringe and CFO Claire McDonough, among other executives. Andres Sheppard maintained a Neutral rating and $15 p…
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