Rivian Expands into Industrial AI and Robotics with Mind Robotics Spinoff

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Rivian, known for its electric vehicles, has launched Mind Robotics, a new spinoff company focused on industrial AI and robotics. The venture aims to revolutionize how physical world businesses operate by leveraging Rivian’s operations data as a foundation for a robotics data flywheel. Mind Robotics has already secured approximately $110 million in external seed capital to drive its AI-enabled robotics initiatives across various industrial applications.

This expansion follows Rivian’s earlier spinoff of its micromobility division into a startup called Also Inc., demonstrating the company’s commitment to diversifying its technological footprint. While the specifics of Mind Robotics’ operations remain undisclosed, the focus on industrial AI signifies Rivian’s strategic alignment with cutting-edge technologies.

Source: TechCrunch