(The following is taken from the riscv.org website)
RISC-V enables the community to share technical investment, contribute to the strategic future, create more rapidly, enjoy unprecedented design freedom, and substantially reduce the cost of innovation.
More than 3,100 RISC-V members across 70 countries contribute and collaborate to define RISC-V open specifications as well as convene and govern related technical, industry, domain, and special interest groups.
RISC-V combines a modular technical approach with an open, royalty-free ISA — meaning that anyone, anywhere can benefit from the IP contributed and produced by RISC-V. As a non-profit, RISC-V does not maintain any commercial interest in products or services. As an open standard, anyone may leverage RISC-V as a building block in their open or proprietary solutions and services.
RISC-V does not take a political position on behalf of any geography. We are proud to see organizations from around the world working together in this new era of processor innovation. RISC-V was founded in 2015 as the RISC-V Foundation and is incorporated today as RISC-V International Association in Switzerland.