Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
In a blog post last July, Meta CEO Mark Zuckerberg said that “selling access” to Meta’s openly available Llama AI models “isn’t [Meta’s] business model.” Yet Meta does make at least some money from Llama through revenue-sharing agreements, according to a newly unredacted court filing. The filing, submitted by attorneys for the plaintiffs in the […]