Rivian releases new AI and self-driving technology, institutions are optimistic but market concerns still exist.

Rivian Automotive impressed Wall Street on Thursday with its planning in artificial intelligence, automation, and self-developed chips, but this electric vehicle manufacturer still faces major challenges in demand and capital. Deutsche Bank analyst Edison Yu stated that they overall have a positive impression of the strategic direction described by management during the event, but the stock's correction is reasonable as it had previously risen too much and the company had not announced any significant AI partnerships. Barclays analyst Dan Levy said that while Rivian's technological advancements are impressive, especially the unexpected unveiling of their self-developed chips, in the current more challenging market environment, Rivian is still a company that needs to "prove itself with results." He pointed out that achieving breakeven through vehicle sales is increasingly difficult, and Rivian is leveraging enhanced autonomous driving and AI capabilities to pave the way for future high-profit software and service revenue.