The new joint venture — Rivian and Volkswagen Group Technologies — will officially kick off November 13 as an independent company. And, if successful, it could be a boon for both companies.

Rivian and the Volkswagen Group have formed a joint venture and are seeking to share software and platforms in the coming years, with the German automaker set to invest $5.8 billion in Rivian by 2027.

“In this joint venture, Daikin will play a pivotal role in the design and production of inverter swing rotary compressors. By combining Copeland’s sales and service capabilities, we aim to supply ...

OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology. By Cecilia Kang and Cade Metz Reporting from ...