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That's an admirable goal, and I applaud the immense effort undertaken to make the OSS dream true.
The ISA may be open but I'm pretty sure the microarchitecture will be totally proprietary. Even with a kick ass microarchitecture they may still struggle if they can't use the latest process nodes to actually manufacture the chips.
Having said that I suspect the main challenge RISCV is going to face is the software ecosystem. That stuff can take a decade to build and requires a degrees of cooperation between all the companies building chips.
I don't think they're doing this for oss reasons
I don't think they're even required to publish the design, they could keep it proprietary
They're not. They're doing it because they fear being SOL if America/the West enforces more sanctions on things like ARM chips/designs or Intel, etc.
And yes, IIRC RISC-V is MIT licensed or something close. Basically companies can take it and implement whatever on top and not have to contribute back.