Meta plans to buy chip startup Rivos to boost semiconductor efforts

Meta intends to acquire the chip startup Rivos to bolster its in-house semiconductor efforts, the social media company said on Tuesday.

The Santa Clara, California-based startup, which is backed by Intel CEO Lip-Bu Tan, is focused on designing chips based on the RISC-V architecture, an open-source alternative to the architectures made by Arm, Intel and AMD.

Meta declined to disclose the financial terms and Rivos did not immediately respond to a Reuters request for comment.

Rivos brings expertise in building full-stack AI systems, Meta’s vice president…