HOW A GROUP OF BERKELEY RESEARCHERS TOOK OVER THE CHIP INDUSTRY

Summary from the TLDR Web Dev newsletter

RISC-V is an open-source instruction set architecture (ISA) for developing chips. It is an alternative to the dominant proprietary ISAs offered by Intel, ARM, and AMD. RISC-V has removed barriers to entry for academia, startups, and smaller players thanks to its open standards and free licensing. There is a strong community around RISC-V and the success of the standard shows that commercial success is possible without strict IP restrictions.