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Pivot

SCOTUS Social Media Ruling, VW Rivian Deal, and Nvidia Stock Roller Coaster

Jun 28, 2024
01:01:34
Snipd AI
Discussions on Nvidia's volatile week, Waymo's robotaxis in SF, Julian Assange's future, SCOTUS ruling on social media moderation, Volkswagen pumping $5 billion into Rivian, listener debate on OpenAI as for-profit entity.
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Podcast summary created with Snipd AI

Quick takeaways

  • Supreme Court ruling on social media content moderation may set precedents for future misinformation cases.
  • Volkswagen's $5 billion investment in Rivian signifies a strategic partnership for EV development.

Deep dives

Volkswagen Invests $5 Billion in Rivian for EV Collaboration

Volkswagen announces a $5 billion investment in Rivian for EV collaboration, leading to a surge in Rivian's stock. The partnership aims to develop a mid-size SUV priced at $45K and complete a factory in Georgia. Rivian benefits from Volkswagen's scale and technology, while Volkswagen gains access to Rivian's cool brand and software for EVs.

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