Tag: Cadence Design Systems

HardwareSemiconductorsTechnology

Intel Launches Custom Chip Division to Challenge NVIDIA, AMD in AI Race

Intel is launching a dedicated ASIC and design service business to create custom AI chips for external customers. The move represents a strategic pivot as the company seeks new revenue streams amid intense competition. Analysts see this as Intel’s attempt to leverage its full-stack capabilities against specialized AI chip makers.

Intel is making a bold push into the custom chip business, reportedly launching a dedicated ASIC division that could reshape the competitive landscape in artificial intelligence hardware. According to recent earnings call commentary from CEO Lip-Bu Tan, the company plans to “deliver purpose-built silicon for a broad range of external customers” through its newly formed Central Engineering Group.

Engineering Reorganization Signals Strategic Shift

by Aaron Vale
AISemiconductorsStartups

ChipAgents Secures $21M Series A to Advance AI-Powered Semiconductor Design Platform

ChipAgents has reportedly secured $21 million in Series A funding to expand its AI-driven chip design platform. The startup claims its technology accelerates verification processes and has attracted 50 semiconductor companies as customers while adding industry veterans to its advisory board.

Major Funding Round for AI Chip Design Innovation

AI chip design startup ChipAgents has reportedly raised $21 million in an oversubscribed Series A funding round, according to recent company announcements. The investment saw participation from Bessemer Venture Partners, Micron, MediaTek, and Ericsson, alongside several unnamed semiconductor companies, sources indicate.

by Aaron Vale