Rivian adds $1.3 billion in funding for its electric utility and adventure vehicles

American automotive technology startup Rivian has raised $1.3 billion in new funding, the company announced today. The new investment is the fourth round of capital announced by the company in 2019 alone, following prior announcements of $700 million from Amazon, $500 million from Ford (which […]

Global Big Data Security Market to 2024: High Demands for Data Security in Manufacturing Sector … BIG Data

Dublin, Dec. 23, 2019 (GLOBE NEWSWIRE) — The “Big Data Security Market – Growth, Trends, and Forecast (2019 – 2024)” report has been added to ResearchAndMarkets.com’s offering.With data being routed through a circuitous path, from a data source (such as CRM, sensors) to data storage […]

Tesla lands $1.4 billion from Chinese banks to build out its Shanghai gigafactory

Tesla has reportedly secured over $1.4 billion in financing in the form of loans from multiple Chinese banks in order to help fund the construction of its new gigafactory in Shanghai. First Reuters and now Bloomberg reported the funding as confirmed on Monday morning, with an […]