Meta is set to acquire chip startup Rivos, specializing in RISC-V architecture, to boost its in-house semiconductor capabilities and reduce reliance on Nvidia. The deal signals Meta’s commitment to developing custom AI chips and diversifying its chip supply chain. Rivos, valued near $2 billion, will bring expertise in AI systems to enhance Meta’s chip initiatives. This move aligns Meta with Big Tech peers pursuing vertical integration in AI infrastructure and reflects a trend of companies seeking control over hardware supply chains. Meta’s custom silicon work aims to ease AI infrastructure bottlenecks and support large-scale AI deployment.

Read more at Quiver Quantitative: Meta (META) Expands AI Chip Ambitions With $2 Billion Rivos Acquisition