Overview

• Reuters says Meta is buying Rivos based on unnamed sources, with no official confirmation or disclosed terms, after Bloomberg first reported the talks.
• Rivos builds accelerators on the open RISC-V architecture and has been developing a GPU, with backing that includes Intel executive Lip-Bu Tan.
• Meta has been one of Rivos' biggest customers and had held deal discussions, according to a second source cited by Reuters.
• The company is pursuing custom chips through its MTIA program while still spending billions on Nvidia hardware for AI training and inference.
• A Meta spokesperson said the silicon effort is progressing quickly and that an acquisition would accelerate it, and The Information recently cited a valuation target above $2 billion for Rivos.