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Rivos develops high-performance and power-efficient server solutions using RISC-V, an open-source hardware instruction set architecture. Their custom hardware is designed to meet the specific needs of enterprise clients, including data centers and cloud service providers, who require reliable systems for extensive data processing and storage. Rivos stands out from competitors by utilizing RISC-V technology, which allows for greater flexibility and customization compared to traditional proprietary solutions. The company's goal is to provide tailored, cost-effective server products and related services that enhance performance and integration within clients' IT infrastructures.