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Rivian will launch hands-off highway driver assist ‘in a few weeks'

1. Rivian announces hands-off highway driver assistance rollout; eyes-off version coming in 2026. 2. The upgrade positions Rivian against Ford’s BlueCruise and GM’s SuperCruise systems. 3. System leverages end-to-end training using GPUs and sensor data; similar to Tesla’s FSD approach. 4. Q4 2024 gross profit turnaround supports cost cuts and increased software revenue amid regulatory concerns.

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FAQ

Why Bullish?

The announcement of advanced autonomous features signals competitive technological progress. Historical tech rollouts by peers have buoyed investor sentiment in similar situations.

How important is it?

Autonomous tech improvements and recent profit gains underline Rivian's growth trajectory, making this news substantially impactful.

Why Long Term?

While the hands-off version launches soon, full benefits materialize over years as regulatory environments and tech capabilities mature.

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