Leading Semiconductor Industry Players Join Forces to Accelerate RISC-V

I don't know why this story from August -- announcing their intention -- is being posted now, when there is a brand new story that the company had received necessary approvals and been actually incorporated ... and named.

https://www.businesswire.com/news/home/20231222688764/en/Fiv...

https://www.tomshardware.com/pc-components/cpus/risc-v-hardw...

This sounds kind of huge but it's also super vague. What's this company called? What will it do exactly?