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Rivian launches hands-off driving assist in latest software update
Rivian is finally making its way into the world of automated driving.
Electric vehicle (EV) maker Rivian debuted a new software update this week, and as part of it, the company has started rolling out a hands-off driving assistance system.
Rivian announced the software update in a press release on Tuesday, featuring the newly launched Enhanced Highway Assist for its Gen 2 R1T and R1S, as well as a performance upgrade and a few other improvements. In a separate release, Rivian has also detailed some of the gears behind its approach to autonomy, highlighting that the Enhanced Highway Assist is available for use on as many as 135,000 miles of highway in North America.
Below is a video from CEO RJ Scaringe and VP of Autonomy and AI James Philbin, along with a few more details about the software update and some information from the automaker about the in-house Rivian Autonomy Platform.
Credit: Rivian
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Enhanced Highway Assist for Gen 2 vehicles
The company’s latest software update is deploying the new Enhanced Highway Assist to Gen 2 vehicles, which will let drivers take their hands off the wheel for extended periods of time, not unlike Tesla’s Supervised Full Self-Driving (FSD). For the time being, the feature is being offered to owners for free, though it’s not clear if Rivian plans to eventually start charging for the suite.
Enhanced Highway Assist is able to control the vehicles’ steering, acceleration, and braking, and Rivian also uses an infrared cabin camera embedded in the interior rearview mirror to monitor driver attention.
Rivian Autonomy Platform
In the press release dedicated to its autonomy program, Rivian notes that its vehicles include a multimodal suite of 11 cameras and five radars, offering sensor redundancy and a 360-degree view. The company also says that its internally developed cameras have the highest resolution of any vehicle in North America, while its radar systems are intended to help detect objects over longer distances and in low-visibility conditions.
“We are excited to continue releasing new updates and dramatically expanding our autonomy features,” Philbin said. “Everything on our Gen 2 roadmap is capable with the hardware on our vehicles today.”
Rivian says its vehicles also include an on-board compute module that’s capable of more than 200 trillion operations per second, while the company’s machine learning models are trained on the latest ML research and transformer architectures.
Performance Upgrade for Dual-Motor (Gen 1 and Gen 2)
Rivian has also debuted a $5,000 Performance Upgrade for Gen 1 and Gen 2 vehicles with the Standard+, Large and Max battery packs, unlocking 665 horsepower and 829 lb.-ft. of torque. The upgrade also adds three new drive modes, dubbed Sport, Rally, and Soft Sand, to the currently available All-Purpose, All-Terrain, and Snow modes.
Owners can purchase the upgrade from the Rivian mobile app or account page, and it will be downloaded to the vehicle through an over-the-air (OTA) software update.
Credit: Rivian
Rally Mode comes to Performance Dual-Motor vehicles
The update also adds Rally Mode to Performance Dual-Motor vehicles, offering heightened throttle response, crisper steering on just about any terrain. To use the feature, drivers will simply need to switch into Off-Road mode, which will let them select Rally Mode.
Wheel Swap
Owners will now be able to change the vehicles’ wheel type in the settings menu, offering improved range estimates.
Credit: Rivian
Go Chime
Rivian has added an audible chime for when a stopped vehicle ahead starts moving, signaling to the driver that they can start driving too. The chime will first be added to the EV maker’s Gen 2 models, before later rolling out to Gen 1.
Side Mirror Auto-Tilt on Reverse
When drivers shift into reverse, Rivian’s sideview mirrors will now automatically tilt downward to show the curb and road, making parallel parking easier. This feature will also go out to both Gen 1 and Gen 2 vehicles.
Control Chargeport Door from Mobile App
Drivers will now be able to control their charging port door remotely using the mobile app, adding an extra layer of protection for those who walk away without closing it manually.
Tire Puncture Detection
Rivian has added proactive detection for tire punctures and slow leaks, set to notify drivers of a potential flat tire before it happens.
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Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
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“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
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In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
