Meta is acquiring chip startup Rivos, a RISC-V architecture specialist backed by Intel CEO Lip-Bu Tan, according to sources familiar with the matter. The deal represents Meta’s continued push to reduce its reliance on expensive Nvidia chips by developing in-house semiconductor capabilities for its AI infrastructure.
What you should know: Meta has been one of Rivos’ biggest customers and had been in discussions about a potential acquisition.
The big picture: This acquisition fits into Meta’s broader strategy to cut infrastructure costs related to AI development and reduce dependence on third-party chip suppliers.
Why this matters: By bringing Rivos’ RISC-V expertise in-house, Meta gains greater control over its AI chip development timeline and specifications while potentially achieving significant cost savings on its massive AI infrastructure investments.