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Rivian Acquires Third Dimension AI

Rivian acquired Third Dimension AI to accelerate advanced scene simulation for autonomous-driving technology development.

RIVN

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09:04:11 PM UTC
SquawkNews
Rivian Automotive, Inc. (NASDAQ:RIVN) today announced it has acquired Third Dimension AI, Inc., a pioneer in AI-powered 3D spatial generation. The strategic transaction will accelerate synthetic data generation and full-world simulation for Rivian's driver assistance and self-driving systems.Third…
09:04:42 PM UTC
SquawkNews
Rivian Automotive, Inc. acquired Third Dimension AI, bringing its 3D simulation tech and team in-house to accelerate synthetic data and full-world simulation for driver assistance and self-driving. Terms were not disclosed.Material DetailsContext by AI AnalystRivian has been investing in autonomy a…
09:32:01 PM UTC
SquawkNews
By Elias SchisgallRivian has acquired Third Dimension AI in a push to improve training for its autonomous vehicles.Financial terms of the transaction weren't disclosed.Third Dimension's leadership and technical team are joining Rivian as part of the deal.Third Dimension AI provides a platform that…