Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

LONG BEACH, California, July 29 : Chip design startup ChipAgents expanded its Series A financing with a $60 million infusion to further fund its plans to speed up semiconductor design through the use of AI agents, its chief executive said.ChipAgents builds software that harnesses so-called AI agents - programs capable of making decisions and executing complex tasks with little or no human oversight - to make the complex, lengthy process of chip design faster and more automated.Designing chips can cost hundreds of millions of dollars and take years using traditional tools and methods. But in recent months, a batch of startups has surfaced with the promise of using AI to tackle some of the thorniest, costliest parts of the chip design process.ChipAgents sees the largest speedup in design wit