ACRN Hypervisor Open Source project was announced by the Linux Foundation on March 13, 2018, to address the need of IoT device developers who need a light-weight, scalable and open source Hypervisor solution to satisfy the requirements of IoT and automotive applications. Existing Hypervisor solutions were either developed for servers in data centers, in the cloud environment, or proprietary. ACRN has a very small footprint, and can be easily integrated with Android, Linux and RTOS. In particular, ACRN keeps Functional Safety features in mind so that it can be part of a system gearing for Functional Safety certification that is typically needed by automotive and autonomous driving industry. In this presentation, the architecture and the philosophy behind ACRN Hypervisor will be introduced. There are deep dives of technical details on how ACRN leverages Intel virtualization technology to make ACRN small and robust.