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

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.

“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.

This is breaking news. Please refresh for updates.