An all-electric Chrysler that can drive itself with “unlimited” range? That’s what Chrysler is showcasing with the new Halcyon EV concept. The sleek sports car features futuristic tech, next-gen batteries, and a new design theme, giving us a glimpse into Chrysler’s all-electric future.
Going beyond minivans
Chrysler is moving in a new direction with the Halcyon EV concept, showing the brand can build more than just minivans. The electric four-door sports car offers a view of what Chrysler aims to look like in the future.
The new EV builds on Chrysler’s previously released concepts, including the Airflow crossover released in 2022 and the Synthesis Cockpit Demonstrator revealed last year.
Although the Airflow was designed to represent “what the future of Chrysler” looks like, according to Stellantis chief designer Ralph Gilles, the Halcyon takes it to another level. Under new CEO Chris Feuell, the brand aimed to improve upon its initial concept.
Gilles confirmed the Airflow was “just the beginning,” and the new Halcyon concept showcases just that.
Chrysler’s leader said the EV concept “brings to life a fully electric tomorrow” with new tech from Stellantis, an updated design, and a connected cockpit.
Chrysler electric Halcyon Concept (Source: Stellantis)
Meet the Chrysler Halcyon EV concept
On Tuesday, Chrysler unveiled the new Halcyon EV concept, a futuristic four-door sports car. It features a “pure” design for enhanced aerodynamics.
The low-riding sporty EV features an air blade pass-through to increase performance and range. Chrysler said the air blade could be seen from the cockpit for a “real-world” connection with the concept’s performance.
The new concept also includes a thin, full-length LED with a new illuminated Chrysler wing logo. Added front air curtains are designed to improve performance.
Chrysler extended the windshield to create a vast, immersive driving experience. The brand’s wing logos on the aero blades light up as you walk toward it, indicating the charge status. A third butterfly-hinged canopy door complements the “red carpet-style” side doors.
The futuristic interior is designed with a nearly 360-degree panoramic view. A 15.6″ infotainment screen that can be stored away adds to the interior’s minimalist feel.
Chrysler electric Halcyon Concept interior (Source: Stellantis)
Chrysler also included an AR head-up display (HUD) that projects info like speed and charge status on the windshield, allowing drivers to keep their eyes on the road.
The vehicle’s reverse-yoke-designed steering wheel and pedals can fold away while the front seats can fully retract to create a “zen-like” experience.
Interior materials were designed for sustainability, with crushed CDs used for the steering wheel, front seat inserts, and door sills. An added pass-through from the rear seats allows you to store larger items, like skis or camping equipment.
Emerging Stellantis EV tech
The cockpit includes new tech, such as STLA Brain for OTA updates and Stellantis AI to stay connected.
With “Active Aero Technology,” Chrysler claims the concept includes inductive charging tech with sensors that communicate with future sensors under the road to “charge the battery and provide unlimited range.”
The Chrysler Halcyon EV concept plans to use DWPT tech to wireless recharge over “specially equipped, dedicated road lanes, allowing for unlimited range.”
Chrysler’s new EV concept features a full suite of emerging Stellantis tech, including STLA SmartCockpit and STLA Autodrive.
The electric sports car includes several different drive modes for a personalized experience. For example, in Prepare Mode, a Stellantis virtual AI assistant prepares you for the day with upcoming events. It can also connect to smart devices like smartphones or home thermostats.
In Entry Mode, the vehicle uses facial biometrics for hands-free entry. It can also detect if you have a backpack to retract Stow ‘n Go seats for storage.
The Chrysler Halcyon concept (Source: Chrysler/ Youtube)
Meanwhile, Drive Mode allows you to sit back while the concept takes control using STLA AutoDrive Level 4 autonomous driving.
With Exit Mode, Chrysler’s EV concept can automatically park itself with smart lightning to communicate with pedestrians.
The vehicle is expected to use Lytens 800V lithium-sulfur EV batteries that will lower its carbon footprint by around 60%.
Chrysler will launch its first EV in 2025 as it moves toward an all-electric lineup by 2028. The Chrysler Halcyon EV concept is designed to showcase what the nearly 100-year-old brand wants to become.
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Anthropic and Google officially announced their cloud partnership Thursday, a deal that gives the artificial intelligence company access to up to one million of Google’s custom-designed Tensor Processing Units, or TPUs.
The deal, which is worth tens of billions of dollars, is the company’s largest TPU commitment yet and is expected to bring well over a gigawatt of AI compute capacity online in 2026.
Industry estimates peg the cost of a 1-gigawatt data center at around $50 billion, with roughly $35 billion of that typically allocated to chips.
While competitors tout even loftier projections — OpenAI’s 33-gigawatt “Stargate” chief among them — Anthropic’s move is a quiet power play rooted in execution, not spectacle.
Founded by former OpenAI researchers, the company has deliberately adopted a slower, steadier ethos, one that is efficient, diversified, and laser-focused on the enterprise market.
A key to Anthropic’s infrastructure strategy is its multi-cloud architecture.
The company’s Claude family of language models runs across Google’s TPUs, Amazon’s custom Trainium chips, and Nvidia’s GPUs, with each platform assigned to specialized workloads like training, inference, and research.
Google said the TPUs offer Anthropic “strong price-performance and efficiency.”
“Anthropic and Google have a longstanding partnership and this latest expansion will help us continue to grow the compute we need to define the frontier of AI,” said Anthropic CFO Krishna Rao in a release.
Anthropic’s ability to spread workloads across vendors lets it fine-tune for price, performance, and power constraints.
According to a person familiar with the company’s infrastructure strategy, every dollar of compute stretches further under this model than those locked into single-vendor architectures.
Google, for its part, is leaning into the partnership.
“Anthropic’s choice to significantly expand its usage of TPUs reflects the strong price-performance and efficiency its teams have seen with TPUs for several years,” said Google Cloud CEO Thomas Kurian in a release, touting the company’s seventh-generation “Ironwood” accelerator as part of a maturing portfolio.
Claude’s breakneck revenue growth
Anthropic’s escalating compute demand reflects its explosive business growth.
The company’s annual revenue run rate is now approaching $7 billion, and Claude powers more than 300,000 businesses — a staggering 300× increase over the past two years. The number of large customers, each contributing more than $100,000 in run-rate revenue, has grown nearly sevenfold in the past year.
Claude Code, the company’s agentic coding assistant, generated $500 million in annualized revenue within just two months of launch, which Anthropic claims makes it the “fastest-growing product” in history.
While Google is powering Anthropic’s next phase of compute expansion, Amazon remains its most deeply embedded partner.
The retail and cloud giant has invested $8 billion in Anthropic to date, more than double Google’s confirmed $3 billion in equity.
Still, AWS is considered Anthropic’s chief cloud provider, making its influence structural and not just financial.
Its custom-built supercomputer for Claude, known as Project Rainier, runs on Amazon’s Trainium 2 chips. That shift matters not just for speed, but for cost: Trainium avoids the premium margins of other chips, enabling more compute per dollar spent.
Wall Street is already seeing results.
Rothschild & Co Redburn analyst Alex Haissl estimated that Anthropic added one to two percentage points to AWS’s growth in last year’s fourth quarter and this year’s first, with its contribution expected to exceed five points in the second half of 2025.
Wedbush’s Scott Devitt previously told CNBC that once Claude becomes a default tool for enterprise developers, that usage flows directly into AWS revenue — a dynamic he believes will drive AWS growth for “many, many years.”
Google, meanwhile, continues to play a pivotal role. In January, the company agreed to a new $1 billion investment in Anthropic, adding to its previous $2 billion and 10% equity stake.
Critically, Anthropic’s multicloud approach proved resilient during Monday’s AWS outage, which did not impact Claude thanks to its diversified architecture.
Still, Anthropic isn’t playing favorites. The company maintains control over model weights, pricing, and customer data — and has no exclusivity with any cloud provider. That neutral stance could prove key as competition among hyperscalers intensifies.
Redwood Materials, founded by former Tesla CTO and cofounder JB Straubel, has raised $350 million in new funding to scale its US-made battery storage systems and critical materials operations. The company is ramping up to meet surging demand from AI data centers and the clean energy sector.
The oversubscribed Series E round was led by Eclipse, with participation from NVentures, NVIDIA’s venture capital arm, and other new strategic investors.
As global supplies tighten, the US is racing to secure domestic production of critical materials like lithium, nickel, cobalt, and copper. In July, Redwood and GM signed a non-binding memorandum of understanding to turn new and second-life GM batteries into energy storage systems. Redwood launched a new venture in June called Redwood Energy that repurposes both new and used EV battery packs into fast and cost-effective energy storage systems.
Redwood says large-scale battery storage is the fastest and most scalable way to enable new AI data center rollout while unlocking stranded generation capacity and stabilizing the grid. Battery storage also helps industrial facilities electrify and balance renewable energy output. The company aims to deliver a new generation of affordable, US-built energy storage systems designed to serve the grid, heavy industry, and AI data centers, reducing dependence on imported Lithium Iron Phosphate batteries.
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Redwood will use the new capital to expand energy storage deployments, refining and materials production capacity, and its engineering and operations teams.
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A report this morning detailed American EV automaker Rivian’s plans to lay off a portion of its current workforce as it tries to conserve cash while gearing up for the launch of its newest model, the R2, next year.
Update 10/23/25: As promised, Rivian followed up with more details of this morning’s report regarding layoffs. The following letter from Rivian founder and CEO, RJ Scaringe, was sent out to the automaker’s workforce moments ago:
Hi Team,
I am writing to share a difficult update.
With the launch of R2 in front of us and the need to profitably scale our business, we have made the very difficult decision to make a number of structural adjustments to our teams. These changes result in a reduction in the size of our team by roughly 4.5%.
These are not changes that were made lightly. With the changing operating backdrop, we had to rethink how we are scaling our go-to-market functions. This news is challenging to hear, and the hard work and contributions of the team members who are leaving are greatly appreciated.
To ensure we move forward with clarity, I want to summarize the areas most impacted.
Streamlining the Customer Journey: To provide a seamless experience for our customers, we are integrating the Vehicle Operations workstreams into the Service organization to create fewer customer handoffs and clearer ownership. We are also integrating the Delivery and Mobile Operations into the Sales organization to ensure the purchase experience is as seamless as possible with a single touchpoint throughout the entire sales process and to delivery.
Elevating Our Marketing Efforts: Historically we have had multiple functions that collectively capture what would typically be housed in a single marketing organization. We have made the decision to form a single marketing organization, and while we recruit our first Chief Marketing Officer (CMO), I will be acting as Interim CMO. Our Marketing Experiences team, led by Denise Cherry, and the Creative Studio team, led by Matt Soldan, will both report directly to me for now.
These changes are being made to ensure we can deliver on our potential by scaling efficiently towards building a healthy and profitable business. I am incredibly confident in R2 and the hard work of our teams to deliver and ramp this incredible product.
Thanks again everyone.
RJ
Not much backstory here, so we’ll get right into it.
A report from the Wall Street Journal this morning shared brief details of Rivian’s layoff plans, which could affect approximately 4% of the current staff. At the end of 2024, Rivian’s workforce tally sat around 15,000 people, so the reported layoff could affect as many as 600 individuals, possibly more.
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Other outlets have pointed out that EV automakers like Rivian have faced a tougher market following the end of the $7,500 federal tax incentive. While that may be true to a certain extent, most of Rivian’s R1 variants didn’t qualify, unless it was a lease, and the automaker has deployed its own incentive programs.
In fact, Rivian’s Q3 2025 deliveries exceeded expectations. It remains speculative at this point until we receive an official statement from Rivian explaining the plans to lay off staff, but this could be a preemptive decision based on market forecasts.
Furthermore, Rivian is closer than ever to launching R2 in 2026, which has the makings of becoming a bestseller in the EV industry if sales match a mere portion of the hype surrounding it. The layoffs could also be a lean-down to conserve funds through the home stretch of that development process before beefing back up again in 2026 or 2027 when demand is (ideally) higher.
We really do not and will not know the reasoning behind the decision until Rivian shares more information.
We reached out to Rivian for comment and were told the automaker will have more to share this afternoon. We will update this story as new information becomes available.
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