Today, we are excited to share that we’ve signed a definitive agreement for ChipStack to join Cadence, a world leader in electronic design automation.

The ChipStack Journey

When we started ChipStack in late 2023, our vision was clear: empower every chip design team to build custom chips in months, not years. We brought together a team of talented chip designers and AI researchers to solve this incredibly hard problem.

Since then, we built ChipStack’s generative AI-driven product that accelerates verification cycles by over 70% across formal and simulation-based verification. We earned the trust of top chip design teams across the board: from large semiconductor companies to AI chip startups to hyperscalers. Our product continues to help accelerate flagship chip projects today across our customer base.

ChipStack + Cadence = Next Frontier in AI-driven Chip Design

As ChipStack’s product adoption has grown, so has our ambition and vision. When the opportunity came to join Cadence, it was clear to us that this is the best way to take our product to a wider audience, while expanding the feature set even faster.

If you are an existing customer, nothing changes. Our products are now backed by Cadence's world-class support infrastructure and the quality the brand is known for. Delivering the best user experience will remain a top priority for us.

We are very thankful to everyone who supported us in this journey—our team, customers, investors, and the broader EDA community. We are excited to continue to build ChipStack to change the way we build chips.

Onwards and upwards!

— Kartik and Hamid