Overview

• Reuters reports that Meta is acquiring Santa Clara–based Rivos, citing an unnamed source, with no public confirmation from the companies.
• A second source told Reuters that Meta has been one of Rivos' largest customers and had discussed a deal with the startup.
• Deal terms were not disclosed, and Meta and Rivos did not respond to Reuters requests for comment.
• Rivos designs chips based on the open-source RISC-V architecture, positioning it as an alternative to Arm, Intel and AMD designs.
• The report follows Reuters' March scoop that Meta was testing its first in-house AI training chip and underscores Meta's heavy spending on Nvidia GPUs, with The Information recently valuing Rivos at over $2 billion.