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Meta acquisition of Rivos chip startup for AI and semiconductor development
AIArtificial IntelligenceIn the News

Meta to Acquire Chip Start-Up Rivos to Bolster Semiconductor Efforts

Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, recently announced its intention to purchase Rivos Inc., a promising startup specializing in RISC-V-based semiconductor technology. This strategic maneuver marks another step in Meta’s aggressive plan to build its own in-house AI infrastructure and reduce reliance on third-party chipmakers,...