Rivos

[subscription] SemiAnalysis analysis of Meta's $2.5 billion acquisition of Rivos chip startup, criticizing the deal's strategic rationale, integration failure, and resulting organizational dysfunction. The acquisition was intended to secure GPU/accelerator IP but resulted in employee departures, duplicate compensation structures, and eventual cancellation of planned chip projects like Olympus. Around 30% of Rivos engineers were laid off post-acquisition, with co-founder Mark Hayter departing and CEO Puneet Kumar reportedly planning exit when shares vest.. Rivos. Fwd: Meta’s Infrastructure Team Needs A Culture Reset