Archive · 1 Oct 2025

Meta to Acquire AI Chip Startup Rivos

Meta to Acquire AI Chip Startup Rivos

Meta, the company behind Facebook, is buying a company called Rivos that makes chips.

This is part of Meta's plan to improve its artificial intelligence, or AI.

AI needs powerful chips, like those made by Nvidia, but Meta wants to build its own.

Meta already has a team making AI chips but is trying to speed things up.

Meta will spend a lot of money on AI this year.

Rivos was looking for money and was valued at $2 billion before this deal.

Meta also looked at buying another company, but that didn't happen.

Meta wants to compete with other big tech companies in AI.

Sources