- Meta explores Rivo’s acquisition to accelerate AI -chip development and reduce nvidia -dependence
- Meta -leaders allegedly frustrated over slow internal chip -progress
- Chip acquisitions could be critical of scaling AI training and inference, and Rivos has RISC-V expertise
Meta is reportedly looking to acquire Chipstart Rivos in an agreement aimed at strengthening its internal semiconductor program and giving the company more control over its AI infrastructure and greater independence from Nvidia.
Although Meta already has its own chip project, Meta Training and Inference Accelerator (MTIA), as all hyperscals still use it strongly on GPUs from Nvidia -an addiction that has become expensive when the company scales its AI ambitions.
Reporting on the Agreement, Bloomberg Says the conditions for the acquisition have not been published, but in April 2024 Rivos raised $ 250 million. In Serie A.3 financing to burn its global growth, and any selling price is expected to be in high to ten numbers.
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Bloomberg says some meta -managers have been unhappy at the slow pace of internal chip work, causing its leadership to explore ways of speeding up progress, including external acquisitions.
By 2024, the company tried to acquire Korean Chipstart Furiosai for $ 800 million, approx. $ 300 million above the start -up’s estimated market value, but ultimately failed due to a disagreement with the planned direction after the acquisition.
Not so long ago, Meta all-in was on Metaverse (to the point that he himself changed the company’s name), but now CEO Mark Zuckerberg says that AI is the company’s highest priority, with spending obligations reaching tens of thousands of billions of dollars on infrastructure and talent.
If the Rivos Agreement undergoes, Meta will take advantage of a team capable of building high profiled RISC-V chips that can be tailored to its AI workloads.
Although Rivos acts as a good fit for Meta, the startup has been subjected to some controversy in the past.
By 2022, Apple accused the company of stealing trade secrets via former employees, a dispute resolved last year after the counterclaim was submitted.
Meta’s acquisition interviews show the willingness of the social media’s giant to bring more of its AI Supply chain under its own roof, but whether the agreement goes through or is not left to see.
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