Meta To Acquire Rivos To Power AI Ambitions: Report - Meta Platforms (NASDAQ:META)

Meta in talks to acquire AI chip startup Rivos to boost in-house semiconductor efforts - Tech Startups

Meta is stepping deeper into the chip race. The social media giant confirmed on Tuesday that it intends to acquire Rivos, a Santa Clara–based startup focused on RISC-V–based semiconductors, as part of its push to build custom silicon and reduce […] The post Meta in talks to acquire AI chip startup Rivos to boost in-house semiconductor efforts first appeared on Tech Startups.

Meta To Acquire Rivos To Power AI Ambitions: Report - Meta Platforms (NASDAQ:META)

Meta Platforms (NASDAQ: META) is expanding its AI efforts through chip investments and potential acquisitions, committing $72B in 2025 capex.

Meta to acquire chip startup Rivos to strengthen AI plans

Meta is buying chip startup Rivos to make its own AI chips. The company wants to spend less on Nvidia and lower costs. CEO Mark Zuckerberg is pushing AI as the top goal. Meta is also putting big money into data centers and research to stay ahead of rivals like Google and OpenAI.

Meta buys chip startup Rivos in effort to lower its reliance on Nvidia

Meta is likely one of Nvidia’s top hardware customers....

Meta Is Said to Acquire Chips Startup Rivos to Push AI Effort

Meta Platforms Inc. is acquiring chips startup Rivos Inc., according to a person familiar with the deal, part of an effort to bolster its internal semiconductor development and control more of its infrastructure for artificial intelligence work.