AI Solutions Provider EdgeCortix Deploys Cadence Tools for Chip Designing - Cadence Design Sys (NASDAQ:CDNS)

Artificial intelligence (AI) driven software and hardware acceleration solutions provider EdgeCortix Inc has deployed multiple Cadence Design Systems Inc CDNS verification and digital tools to fast-track the design and verification of its edge AI chips.
The Cadence Verification IP (VIP) for the Arm AMBA 3/4 AXI standard and faster simulation performance with Cadence Xcelium Logic Simulation helped EdgeCortix reduce its verification environment's development to less than a month and detect protocol bugs leading to lower testbench debug time quickly
The Cadence Genus Synthesis Solution and Joules RTL Power Solution led to a twofold reduction in power analysis time with better power, performance, and area (PPA).
EdgeCortix improved overall verification throughput and accomplished its verification schedule with the Xcelium simulator. The Xcelium simulator's debug ability helped EdgeCortix to debug assertions and transactions quickly.
The Genus Synthesis Solution's multithreading abilities allowed EdgeCortix to try more synthesis options for the best gate-level netlist in lesser time.
EdgeCortix plans to adopt the Cadence CloudBurst platform for a ready-to-use cloud-based design environment.
Price action: CDNS shares traded lower by 0.67% at $124.91 on the last check Wednesday.