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Rivian Lends VW an AI Voice and Keeps the Fee Quiet
· New York time
Rivian is licensing elements of its AI voice assistant technology to Volkswagen Group as the companies expand their $5.8 billion joint venture to include AI assistants. Rivian disclosed the expansion in its third-quarter investor presentation. The company did not disclose licensing fees, payment terms or which Volkswagen vehicles will use the technology. It also did not say whether the value of the joint venture would expand as a result. Those details leave the financial effect of the new arrangement open. The assistant recently rolled out to Rivian vehicles. It could make its Volkswagen debut in the low-cost ID EVERY1, a small four-door hatchback slated to be the first Volkswagen vehicle to use Rivian software and electrical technology. That possibility is not a confirmed assistant launch for the vehicle. The arrangement extends a partnership already focused on vehicle technology into a feature drivers may interact with directly. For automakers, sharing software can offer a way to bring features across brands without each company independently building every component. The assistant's job is to respond when someone asks a question. Its business arrangement is more reserved. Rivian has explained that the technology is traveling to Volkswagen, but the price of the trip remains firmly in the glove compartment.
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