I don't know much about it but I am all for open-source hardware.
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It isn't open source hardware. It is license-free IC architecture.
The hardware will still be closed source in 99% of cases, but the architecture is "open" and can be used without licensing, lowering the barrier to entry for making CPUs (it is still very high as volume is the name of the game at fans. Tapeouts for testing a design can be €1k on the very cheap end, often more like 10K+)
A step in the right direction for sure, but open source IC designs are still quite limited.
Commercial software can outrun open source temporarily but it rarely ever wins the race.