Overview
- Rivian said the new company will apply operational data to train physical AI systems for industrial applications.
- CEO RJ Scaringe said the initial focus is improving Rivian’s manufacturing efficiency, with potential use cases beyond the company, and noted Rivian will remain a close partner and shareholder.
- Public disclosures cite roughly $110 million in external seed funding and a USPTO trademark naming Eclipse partner Jiten Behl with Eclipse’s Palo Alto address.
- Mind Robotics is Rivian’s second spinout this year after Also, where Rivian retained a 40.6% minority stake following the micromobility carve-out.
- Leadership, staffing transfers, customer targets, and product specifics have not been detailed, and Rivian shares touched their lowest level since late August on the day of the announcement.