ASIC and FPGA development is making rapid strides towards adopting fully open source, software-oriented approaches where large-scale collaboration and CI are possible. The developments include new frameworks such as UHDM and sv-tests aimed at improving SystemVerilog support in linting, formatting, synthesis and simulation, ongoing work in Verilator towards providing UVM support for open source verification, advances in the open source SymbiFlow toolchain which opens up FPGAs and ASIC prototyping to more software-oriented experimentation and collaboration. We also have the OpenROAD flow and SkyWater PDK tackling end-to-end open source ASIC design, and general progress in the open IP ecosystem - including new and exciting RISC-V and OpenPOWER cores - energizing the community. In this talk, Michael Gielda, VP Business Development at Antmicro, will highlight recent developments and explain the vision for open source chips that Antmicro and the CHIPS Alliance are spearheading.