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

Meta Platforms Inc., the parent company of Facebook, is reportedly acquiring the chips startup Rivos Inc. This acquisition is part of Meta's strategy to strengthen its internal semiconductor development and gain more control over its infrastructure for artificial intelligence (AI) projects. The deal, details of which remain undisclosed, aims to help Meta reduce its reliance on third-party chip suppliers and develop customized silicon solutions tailored to its specific AI needs. By integrating Rivos' expertise, Meta hopes to accelerate its progress in the field of AI and improve the performance and efficiency of its AI-powered products and services. This move aligns with the broader trend of tech giants, including Google, Apple, and Amazon, increasingly investing in their own chip design capabilities to gain a competitive edge in the rapidly evolving AI landscape. The acquisition of Rivos is expected to bolster Meta's in-house chip development efforts and support its long-term vision for AI-driven innovation across its platforms.