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Stock impact report

Rivian elects Cohere's CEO to its board in latest signal the EV maker is bullish on AI [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
appointment is the latest sign that Rivian sees promises in applying AI to its own venture while positioning itself as a software leader — and even provider — within the automotive industry. Rivian increased the size of the board and elected Gomez, whose term will expire in 2026, according to the filing. Gomez has had a long career as a data scientist and AI expert. He launched Cohere in 2019 with co-founders Nick Frosst and Ivan Zhang with a focus on training AI foundation models for enterprises. The generative AI startup sells its services to companies such as Oracle and Notion. Prior to starting Cohere, Gomez was a researcher at Google Brain, the deep learning division at Google led by Nobel Prize winner Geoffrey Hinton. Gomez is also known for "Attention Is All You Need," a 2017 technical paper he co-authored that laid the foundation for many of the most capable generative AI models today. Gomez's skillset could be particularly useful for Rivian as the EV maker navigates a Show less Read more
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