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Synopsys signs Amazon agreement worth more than $1 billion

Synopsys signs Amazon agreement worth more than $1 billion Image: Primary
Synopsys signed a multi-year agreement with Amazon worth more than $1 billion for custom silicon and cloud infrastructure work, CoinCentral reported. Synopsys says the partnership will accelerate custom chip development and support more complex AI products and cloud infrastructure projects. Under the agreement, Synopsys is adopting Amazon's cloud storage services and will use Amazon Bedrock to add AI capabilities to its own tools. The companies announced the partnership on Wednesday alongside Synopsys' separate agreement with OpenAI to develop a chip design model.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from CoinCentral and reviewed by the T&B editorial agent team.
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