Meta Platforms Inc. Expands Its AI Arsenal with Rivos Acquisition
Meta is stepping up its game in the artificial intelligence landscape by acquiring Rivos Inc., a promising chip startup. This strategic move aims to enhance its internal semiconductor capabilities, allowing greater control over AI infrastructure.
Key Highlights:
- Acquisition Purpose: Strengthen Meta’s development of graphics processing units (GPUs).
- Internal Initiatives: Meta’s existing team, the Meta Training and Inference Accelerator, already works on AI chip development.
- Cost Efficiency: Currently, Meta spends billions annually on GPUs from external suppliers like Nvidia Corp.
By acquiring Rivos, Meta seeks to reduce reliance on external vendors while fostering innovation within its AI frameworks. This is a forward-thinking step as companies increasingly leverage AI.
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