The industry is now mature enough that nobody really wants the headache of a new architecture at this point in time, Risc-V got a pass for being a grassroots movement growing out off FPGA's since the IP situation was more or less clear or even predatory with all existing architectures, Power, Sparc,SuperH,68k,etc are buried for good reasons.
POWER/PowerPC is what happens when you take a brilliant design to execute it poorly. x86 is when you take a poor design and execute is brilliantly.
Edit I think I was thinking of Mitsubishi.
About a month later there was a summer heat wave and I went to a friends house who had just bought one. It was wild walking in from a 45c day into, as advertised, a 17c house. Had to give it to them, they lived up to the claim.
That they come from the telecom/server space, it makes sense they had a good eye for aircon engineering.