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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Generational trends such as hyperscale computing, autonomous driving, and 5G, all accelerated by the AI super cycle, continue to fuel strong design activity across multiple verticals.
- Anirudh Devgan
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Quotes from cadence Executives About Artificial Intelligence and Generative AI
I'm excited about AI's incredible promise and how rapidly it is becoming an integral part of the design workflow, with customers steadily increasing their investments in AI-driven automation.
- Anirudh Devgan
Our Cadence.AI portfolio, powered by GenAI agents, AI-driven optimization, and big data analytics JedAI platform saw sales nearly triple over the last year.
- Anirudh Devgan
We continue partnering with NVIDIA to accelerate AI innovation and are using their latest NeMo and NIM microservices to build customized GenAI application.
- Anirudh Devgan
...we deepened our partnership with Arm through a broad expansion of our IP, hardware, and AI-driven design enablement solutions...
- Anirudh Devgan
...our newly acquired BETA CAE products that round out our system analysis portfolio outperformed our expectations as we signed large deals with major EV companies.