Search results for Cadence Design Systems
AI & Enterprise
AI startup Cognichip draws investment to cut chip design time
Efforts to use artificial intelligence to shorten lengthy and costly semiconductor design processes are gaining momentum. Cognichip, which develops AI models for chip design, has raised $60 million in new funding led by Seligman Ventures, with Intel CEO Lip-Bu Tan participating via his venture fund and joining the board. The company says its approach could cut chip development costs by more than 75 percent and reduce development time by over half, though it has not disclosed chips or customers.
AI & Enterprise
Candu AI raises $225 million, aims to ease AI chip bottlenecks with copper instead of optics
Swiss semiconductor company Candu AI has raised $225 million in a Series A round, The Next Web reported. The round was led by Maverick Silicon, with SoftBank, Synopsys, Cadence Design Systems and Alchip Technologies as strategic investors. Candu AI was valued at $400 million in the round. The company says copper is still viable, claiming its approach can boost link speeds and sharply reduce power use and system costs.
AI & Enterprise
Nvidia launches Nemotron Super 3 model targeting agentic AI, with five-fold performance boost
Nvidia has released the Nemotron Super 3 model aimed at large-scale agentic AI systems, a report said. The model has 120 million parameters and is based on a mixture-of-experts architecture. It delivers five times higher throughput and twice the accuracy versus the previous model. It is available via Nvidia Build Portal, OpenRouter and Hugging Face. Perplexity and others are building agent systems and automation workflows using it.
