Meta to buy chip startup Rivos for AI effort, source says
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Meta is acquiring chip startup Rivos to enhance its semiconductor capabilities, focusing on RISC-V architecture. The deal's terms remain unclear, but Meta has been a significant customer of Rivos. This acquisition aligns with Meta's strategy to reduce AI infrastructure costs, having previously invested heavily in Nvidia's AI chips. Rivos was reportedly seeking funding at a valuation exceeding $2 billion.
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