11 Important AI News and Ratings for Investors

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6. Synopsys, Inc. (NASDAQ:SNPS)

Number of Hedge Fund Holders: 53

Synopsys, Inc. (NASDAQ:SNPS) tools for integrated circuit design, verification, and testing, leveraging advanced technologies like FPGA-based prototyping and virtual simulation.

Global Data reported that Synopsys (NASDAQ:SNPS) and SiMa.ai have teamed up to advance the development of AI-driven features in next-generation vehicles. This collaboration integrates Synopsys’ electronic design automation tools and automotive-grade IP with SiMa.ai’s machine learning accelerator and software stack.

The solution targets automotive applications such as Advanced Driver Assistance Systems and In-Vehicle Infotainment. The partnership aims to improve hardware-software co-design, reducing development costs and production risks. By combining virtual prototyping with machine learning system-on-chip solutions, the companies seek to simplify development, strengthen system integration, and enable over-the-air updates for smarter, safer vehicles.

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