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Copy/pasting a comment from Arnd Bergmann, an experienced Linux kernel developer:

The full extent of the MIPS Open program was announced yesterday, so I had a closer look.

They finally stopped calling it "Open Source", and instead use the term "Open use" now, which basically seems to mean "royalty-free, as the license is not particularly open and appears to prohibit making copyleft CPU cores.

Everything that was released for download on mipsopen.com now seems to have been available for a while without the click-through EULA.

The components are all for different and partly incompatible revisions of the architecture: the ISA license is for MIPSr6, the MicroAptiv core is MIPSr3, and the GNU toolchain binaries they distribute target MIPSr2.

I suppose their competitors have nothing to fear from this.

https://wavecomp.ai/wave-computing-releases-first-mips-open-...

https://mastodon.host/@arnd/101831404730802126

This is a not free, open, or capable in any sense, and should be avoided.

Read the licenses carefully before spending any time on this; it looks like a trap.