Can MIPS leapfrog RISC-V?

When Wave Computing acquired MIPS, "going open source" was the plan Wave's CEO Derek Meyer had in mind. But Meyer, a long-time MIPS veteran, couldn't casually mention his plan then. Wave was hardly ready with the solid infrastructure it needed to support a legion of hardware developers interested in coming to the MIPS open-source community. To say "go open source" is easy. Pulling it off has meant a huge shift from MIPS, long accustomed to the traditional IP licensing business. MIPS will compete with and exist alongside RISC-V. The future of truly open source hardware is getting more and more interesting.