irvine

irvine

Rivian, the electric vehicle maker backed by Amazon and Ford, raised nearly $12 billion in its closely watched IPO on Wednesday. Trading is slated to kick off shortly, and shares have been priced at $78, above the earlier $72-to-$74 range set by the company.

With hardly any revenue, big losses, and a waiting list that stretches to the end of 2023, here are five things you should know about the Irvine-based company, as its implied valuation tops $77 billion.

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Photo by Enis Yavuz on Unsplash

People are assessing their smile after the pandemic moved meetings online and forced workers to stare at themselves for hours on end as they chat with colleagues.

Orthodontists and the American Association of Orthodontics say that's what's partially behind the 92.5% surge of orthodontics patients. Many are asking for teeth-straightening treatments. They call it the "Zoom Effect."

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Ian Hurley

Medical imaging AI, which can help diagnose health problems doctors don't always see, is only getting more sophisticated—and more lucrative. Just last month, Tel Aviv-based Aidoc raised $65 million for its AI-powered medical imaging platform and other local companies are attracting investors at a rapid clip.

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