Apple lawsuit behind it, chip startup Rivos plots its next moves

Posted under: AI technologies
Date: 2024-04-17
Apple lawsuit behind it, chip startup Rivos plots its next moves

Apple ended up settling its lawsuit in February against Rivos for hiring away its dozens of engineers, but Rivos denied the allegations. Meanwhile, Rivos is doubling its efforts to bring its chipset technology to market, targeting customers who are building data-driven solutions. Rivos also announced that it raised over $250 million in an oversubscribed, extended Series A led by Matrix Capital Management.

Read more at: finance.yahoo.com