1 Surprising Stock Harnessing the Power of Artificial Intelligence (AI)

Core Viewpoint - The article highlights Rivian as an under-the-radar AI stock that growth investors should consider, despite it primarily being classified as an electric vehicle (EV) company [1][2]. Company Overview - Rivian is primarily known as an electric carmaker, with its current offerings being two luxury EVs priced over $100,000 [3][4]. - The company plans to expand its lineup with three new mass-market vehicles (R2, R3, and R3X) expected to be priced under$50,000, making them more accessible to a larger consumer base [4]. AI Integration and Future Potential - Rivian's long-term growth is expected to be significantly influenced by its investments in AI technology, which could enhance its vehicle offerings and self-driving capabilities [5]. - The company has shifted from using Mobileye's technology to developing its in-house AI solution, which is believed to be better suited for processing data from its vehicles' sensors and cameras [7][8]. Recent Developments - Rivian recently reported its first-ever gross profit, alleviating some concerns regarding its financial stability as an EV startup [10]. - The anticipated launch of mass-market vehicles is seen as a critical inflection point for Rivian's sales growth, although this is not expected until late 2026 or early 2027 [10][11]. Investment Consideration - Rivian's current valuation is lower than competitors like Lucid Group and Tesla, presenting a potential buying opportunity before the expected sales growth occurs [11].