ChipAgents, a chip design startup, has raised $60 million to further fund its plans to speed up semiconductor design through the use of AI agents, its chief executive said.
Accelerating Chip Design
Designing chips can cost hundreds of millions of dollars and take years using traditional tools and methods. But in recent months, a batch of startups has surfaced with the promise of using AI to tackle some of the thorniest, costliest parts of the chip design process.
ChipAgents sees the largest speedup in design with the company’s software that is designed to help verify a chip will function as intended, CEO William Wang told Reuters in an interview.
Earlier this week, ChipAgents said it was expanding its strategic collaboration with Nvidia to include developing ChipAgents’ specialized AI model, which focuses on chip design.
B Capital led the additional funding round, which brings its fundraising total to $131 million. Prior investors include Micron, MediaTek and Ericsson.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
