- Goal exploring the acquisition of rivers to accelerate the development of AI chips and reduce Nvidia’s confidence
- According to the reports, the executive targets frustrated with the slow internal chips progress
- Chips acquisitions could be criticism of climbing the training and inference of AI and Rivas has experience in RISC-V
According to reports, Meta is looking to acquire the Rivas Chips startup in an agreement aimed at strengthening its internal semiconductor program and giving the company more control over its AI infrastructure and a greater independence of NVIDIA.
Although Meta already has its own chip project, target training and inference accelerator (Mtia), like all hyperscalers, still spends largely on the NVIDIA GPUs, a dependency that has become expensive as the company scale its ambitions of AI.
Informing about the agreement, Bloomberg He says that the terms of the acquisition have not been made public, but in April 2024, Rivos raised $ 250 million in funds from the A.3 series to feed its global growth, and any sale price is expected to be in the range of nine to ten of nine to ten.
Apple demand
Bloomberg He says that some executive goal have not been satisfied with the slow pace of the internal work of chips, which leads to his leadership to explore ways of accelerating progress, including external acquisitions.
In 2024, the company tried to acquire a new Korean company of Furiosaai chips for $ 800 million, approximately $ 300 million on the estimated market value of the startup, but finally failed due to a disagreement with the planned address after the acquisition.
Not long ago, goal was in metoverso (to the point of changing the company’s name), but now executive president Mark Zuckerberg says that AI is the main priority of the company, with expenses commitments that reach tens of billions of dollars in infrastructure and talent.
If the Rivas Agreement is carried out, goal will benefit from a team capable of building high-profile RISC-V chips, which could be adapted for their work charges.
Although rivers seems like a good goal option, the startup has faced some controversy in the past.
In 2022, Apple accused the company of stealing commercial secrets through former employees, a dispute that was resolved last year after contrademandas were presented.
Meta’s acquisition conversations show the determination of the giant of social networks to carry more of their supply chain of AI under its own roof, but it remains to be seen if the agreement passes or not.
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