Rivian downsizes DOE loan to $4.5B for Georgia factory
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.
"The conversation is sort of happening in Silicon Valley around one thing, and a totally different conversation is happening among consumers."
Legal tech startups, including Clio, which just hit $500 million in ARR, are seeing massive customer adoption.
Notion’s new developer platform lets teams connect AI agents, external data sources, and custom code directly into their workspace as the company pushes deeper into agentic productivity software.
Gas turbines at xAI's Colossus 2 data center have drawn a lawsuit over the company's use of "mobile" gas turbines as power plants.