Cadence unveils in-house AI chip design models

Cadence launched a suite of AI models designed to help engineers build computer chips in-house. The release contrasts with rival Synopsys and its deal with OpenAI. Shares of Cadence rose following the announcement.

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The logo of Cadence Design Systems is pictured outside the company's offices in San Jose, California, U.S., January 31, 2020. REUTERS/Stephen Nellis

CADENCE DESIGN SYS INC launched a portfolio of AI models on Monday that chipmakers can run in-house, intensifying the race to automate semiconductor design.

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