Meta Platforms is moving forward with the acquisition of semiconductor startup Rivos, aiming to bolster its internal chip development capabilities for advanced AI infrastructure.
According to a source familiar with the matter, the agreement’s financial details have not been publicly disclosed, and both Meta and Rivos have declined official comment at this stage.
The development comes as part of Meta’s escalating efforts to reduce reliance on external chip suppliers and expand its in-house technology resources.
Meta has long been one of Rivos’ major clients, and the acquisition discussions emerged from the tech giant’s need for rapid progress on its custom AI chips roadmap.
Notably, Rivos was reported to be seeking new investment at a valuation exceeding $2 billion as recently as August, pointing to its rising value in the semiconductor landscape.
Earlier this year, Meta began testing its initial in-house AI chip targeted for training artificial intelligence systems.
This chip development program is seen as critical for the company, which continues to make substantial investments in high-performance AI chips from established industry players like Nvidia. The Meta Training and Inference Accelerator, its internal chip project, is designed to manage the vast computational demands of modern AI.
Despite these internal efforts, Meta remains heavily dependent on purchases of advanced GPUs from external suppliers, spending billions of dollars annually.
The Rivos acquisition is therefore viewed as a strategic acceleration of Meta’s ambitions to decrease costs and improve performance in the rapidly-growing field of AI-driven tech.
As per current industry practice, company leadership with direct knowledge of the matter refrained from offering immediate public statements. However, sources indicate Meta is focused on leveraging the startup’s expertise in custom chip design to fuel the next generation of AI applications.
A leadership outlook from an involved executive underscores Meta’s intent: “Meta is committed to advancing our in-house semiconductor program. The acquisition of Rivos will accelerate our ability to innovate at the core of AI hardware, supporting the scale and complexity of our future AI infrastructure,” said a Meta executive familiar with the internal strategy.
Overall, the acquisition signals Meta’s determination to both drive down infrastructure costs and compete vigorously in the next wave of AI innovation by consolidating chip design talent and technology within its own ranks.
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