- Reuters reports that one of Synopsys Inc's SNPS customers has resorted to artificial intelligence software to increase chip power efficiency by 26%.
- Synopsys has started weaving AI called DSO.ai into its flagship chip design suite.
- Samsung Electronics Co Ltd SSNLF and Renesas Electronics Corp RNECF RNECY have begun using the chip.
- The chip can work wonders amid the present global chip crisis by easing pressure on the chipmakers.
- Previously, Alphabet Inc GOOG GOOGL claimed to have developed AI software for faster computer chip designing than humans.
- Also, International Business Machines Corp IBM just revealed the impending IBM Telum Processor developed in 7nm EUV technology node containing on-chip acceleration for AI inferencing while a transaction occurs.
- IBM's chip contains eight processor cores with a deep superscalar out-of-order instruction pipeline, running with over 5GHz clock frequency.
- The features render the processor ideal for financial services workloads like fraud detection, loan processing, clearing and settlement of trades, anti-money laundering, and risk analysis.
- Canaan Inc CAN had also disclosed about its self-developed AI chip.
- Recently Baidu Inc BIDU announced the mass production of its second-generation 7 nm AI chip Kunlun 2.
- Price Action: SNPS traded higher by 1.03% at $320.15 on the last check Monday.
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