As of November, a large number of extensions got ratified, including the vector extension, cryptography acceleration, hypervisor support and other important features.
RISC-V is finally not missing any important feature ARM or amd64 have, and it does it with an order of magnitude lower number of instructions (equivalent but simpler, i.e. better) and with significantly higher code density.
However, test chips with the first designs implementing all of that will take time, even assuming they were tapped out right then, after confirming no last minute changes.
High performance cores depend on these extensions, so we'll begin to see them soon. We know multiple such efforts exist.
Tenstorrent has one such project, led by Jim Keller.
>Their (ARM) business model was to be sold to NVIDIA, but that didn't work out.
They intend to go public now. I recommend against buying those shares, as I do not expect ARM to turn around.