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Stock impact report

Canaccord Maintains Buy on Rivian (RIVN) After Autonomy & AI Day [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
The rating affirmation follows RIVN's first Autonomy & AI Day, with analysts sharing upbeat takeaways driven by the company's tech culture and long-term vision. Canaccord Genuity attended the event at Rivian's Palo Alto, California facility, which serves as the home for the company's autonomy and technology teams. Thanking the team for hosting them, the firm noted how attendee anticipation was matched by Rivian's "tangible excitement.” The team was very excited to showcase and explain their work. The company made several announcements at the event, including a proprietary chip, RAP1, designed for “physical AI”; an evolved software architecture; a new AI assistant; and a road map for getting to “personal L4,” which are fully self-driving personally owned vehicles. "Takeaways from Rivian's 1st Autonomy & AI Day. On Thursday, we attended Rivian's first Autonomy & AI Day (a webcast replay can be found here) at the company's Palo Alto, California facility - home of Rivian's autonomy Show less Read more
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