AI Index / Cadence Design Systems, Inc.
Cadence Design Systems, Inc. (CDNS)
Cadence Design Systems' businesses include electronic design automation (EDA) software, system design and analysis (SDA), hardware platforms like Palladium and Protium and intellectual property (IP) cores. AI contributes to these areas through the Cadence.AI portfolio, which integrates AI-driven automation into EDA tools while also enhancing productivity. AI is also embedded in SDA solutions and drives demand for hardware platforms used in designing chips for AI workloads. Cadence has launched Fem.AI, an initiative aimed at increasing women's representation and leadership in the tech industry, with a focus on AI.
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Location: US
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Market Cap: $78.8B
link
https://www.cadence.com
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As the fast evolving AI landscape expands the market opportunities and reshapes the entire chip and system development process, our Cadence.AI portfolio delivers unparalleled PPA, productivity, and time-to-market benefits.
- Anirudh Devgan
Quotes from cadence Executives About Artificial Intelligence and Generative AI
In addition to enabling up to an 80x acceleration of Cadence Solvers, we are collaborating on developing a full stack agentic AI solution for engineering and science, using the new Llama Nemotron Reasoning Model.
- Anirudh Devgan
We furthered our partnership with the [marquee] (ph) hyperscaler through a broad proliferation of our digital and verification software, particularly our AI-driven Cadence Cerebrus and Verisium solutions.
- Anirudh Devgan
Cadence Cerebrus AI solution continued its strong momentum with nearly 50 new logos in Q1 and well over a 1,000 tapeouts till date.
- Anirudh Devgan
"AI is particularly suitable to dramatically improve ECOs. Using the new Cadence Conformal AI ECO Flows, MediaTek saw early positive results."
- Anirudh Devgan
Our verification software suite that includes Verisium, Xcelium, and Jasper leverages big data and AI to optimize verification workloads...
- Anirudh Devgan