Source TechCrunch · Published · Open the original ↗
Markets
Rivian expands joint venture with VW to include AI assistant
Rivian doesn't disclose if the value of its $5.8 billion joint venture will expand as a result.
The $5.8 billion joint venture between Rivian and Volkswagen Group is expanding to include AI assistants.
Rivian is now licensing elements of its AI voice assistant technology to Volkswagen Group as part of the broader joint venture, according to the company’s third-quarter investor presentation released Thursday.
Rivian didn’t disclose the licensing fees, payment terms, or which Volkswagen vehicles will use the technology. However, the AI assistant, which recently rolled out to Riv i an vehicles , could make its Volkswagen debut in the automaker’s low-cost EV called the ID EVERY1 . The small four-door hatchback is slated to be the first VW vehicle to use Rivian’s software and electrical architecture under the joint venture established in 2024.
The opening of the report, quoted unchanged from TechCrunch. The full text continues at the source.