Related News

Uber ex-CEO Kalanick rebrands latest venture Atoms, move into robotics

Travis Kalanick, chief executive officer of City Storage Systems (CSS) during the Future Investment Initiative (FII) Institute Priority conference in Miami, Florida, US, on Friday, Feb. 21, 2025. Zak Bennett

Amazon to hike price of ad-free Prime Video tier by $2 a month

Future Publishing | Future | Getty Images Amazon is bumping up the price of its ad-free Prime Video offering in the U.S. by $2 a month, the company announced Friday.

AI adoption could send college grad unemployment soaring

Artificial intelligence adoption could lead to significant job struggles for entry-level workers as companies boost productivity, according to ServiceNow CEO Bill McDermott. McDermott told “Squawk on the Street” on Friday

We’re buying more of this leading AI stock on this year’s undeserved pullback

Shortly after the opening bell, we will be buying 45 shares of Alphabet at roughly $307. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 300 shares of GOOGL, increasing

Most beautiful galaxies ever captured by NASA telescopes

The Sombrero Galaxy (Messier 104) is one of the most unique galaxies captured by NASA’s telescopes. It gets its name from its shape, which resembles a broad-rimmed Mexican hat when

First crewed Moon mission in over 50 years: Nasa announces Artemis II launch ‘as early as April 1’

NASA’s Artemis II SLS (Space Launch System) moon rocket with the Orion spacecraft slowly rolls back towards the Vehicle Assembly Building at the Kennedy Space Center, Wednesday, Feb. 25, 2026,

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

Word Count: 149 | Estimated Reading Time: 1 minute

FILE PHOTO: Nvidia CEO Jensen Huang speaks at event ahead of the COMPUTEX forum, in Taipei, Taiwan June 2, 2024.

Ann Wang | Reuters

Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions.

As part of the multi-year partnership, Nvidia will help Synopsys accelerate its portfolio of compute-intensive applications, advance agentic AI engineering, expanding cloud access and develop joint go-to-market initiatives, according to a release. Nvidia said it purchased Synopsys’ stock at $414.79 per share.

“Our partnership with Synopsys harnesses the power of Nvidia accelerated computing and AI to reimagine engineering and design — empowering engineers to invent the extraordinary products that will shape our future,” Nvidia CEO Jensen Huang said in a release.

Synopsys stock jumped about 7% in premarket trading. Nvidia shares were down about 1%.

This is breaking news. Please refresh for updates.

Source link