Synopsys and OpenAI Partner on AI Chip Design Model
Synopsys and OpenAI have agreed to develop an AI model tailored for chip design. Synopsys also projected strong fiscal 2027 revenue growth, driving its shares higher.
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Synopsys Inc and OpenAI struck a revenue-sharing deal on Wednesday afternoon to develop GPT-Synopsys, an AI model trained for chip design. The partnership aims to cut weeks off development cycles while boosting Synopsys fiscal 2027 revenue growth projections above analyst expectations. Shares rose 7% following the announcement in the United States.
