Rivos was founded by its CEO Puneet Kumar (pictured) who worked at P.A. Semi and was sued for theft of trade secrets by Apple when he left PA. to found Rivos in 2021.
Rivos intends to use TSMC’s latest 3nm process – 3NE – for its chips.
Investors in Rivos are: VentureTech Alliance, Walden Catalyst, Dell Technologies Capital, Koch Disruptive Technologies, Matrix Capital Management, Intel and Mediatek.
Target market is to provide a cheaper alternative to AI GPUs and CPUs currently available.