Fintech PR
Synopsys Fusion Design Platform First to be Certified by Samsung Foundry for 5LPE Process with EUV Technology
- Samsung certified Synopsys Fusion Design Platform for 5LPE process technology using 64-bit Arm Cortex-A53 and Cortex-A57 processors
- Fusion Design Platform redefines conventional design tool boundaries to deliver full-flow better QoR and faster TTR, now for Samsung Foundry’s advanced 5LPE process
Synopsys, Inc. (Nasdaq: SNPS) today announced that Samsung Electronics has certified the Synopsys Fusion Design Platform for Samsung’s 5-nanometer (nm) Low-Power Early (LPE) process with Extreme Ultraviolet (EUV) lithography technology. The AI-enhanced, cloud-ready Fusion Design Platform provides unprecedented full-flow quality-of-results (QoR) and time-to-results (TTR), enabling the full entitled performance and low power delivered by Samsung’s 5LPE process technology to accelerate the next wave of semiconductor designs, including high-performance computing (HPC), automotive, 5G, and artificial intelligence (AI) market segments.
“Through our 7-nanometer product shipment and the successful completion of 5-nanometer process development, we’ve proven our capabilities in EUV-based nodes. Using the Synopsys Fusion Design Platform, our mutual customers will be able to design the most competitive 5LPE SoC products for the full entitled performance and low power applications,” said JY Choi, vice president of Foundry Design Technology Team at Samsung Electronics. “Synopsys continues to be our vendor of choice for collaboration on new node development and enablement, so our foundry customers can confidently ramp their designs to volume production in all market segments, including automotive, AI, high-performance computing, and mobile.”
Samsung Foundry certified the Fusion Design Platform using the 64-bit Arm® Cortex®-A53 and Cortex-A57 processors, which are based on the Armv8 architecture. Key tools and features of the Synopsys Fusion Design Platform optimized for Samsung 5LPE process technology include:
- Fusion Compiler RTL-to-GDSII Solution: Highly optimized full-flow support for latest 5LPE design rules delivering optimum design routability and convergence coupled to fastest TTR
- IC Compiler II place-and-route: EUV single-exposure-based routing with optimized 5LPE design rule support, single fin variant-aware legalization, and via stapling to ensure maximum utilization while minimizing dynamic power
- Design Compiler® Graphical and Design Compiler NXT RTL synthesis: Correlation, congestion reduction, pin access-aware optimization, 5LPE design rule support, and physical guidance for IC Compiler II
- IC Validator physical signoff: Cloud-optimized physical signoff including DRC, LVS, and Fill. Innovative Explorer DRC and Live DRC technologies for enhanced productivity
- PrimeTime® timing signoff: Near-threshold ultra-low voltage variation modeling, via variation modeling, and placement rule-aware engineering change order (ECO) guidance
- StarRC parasitic extraction: EUV single pattern-based routing support, and new extraction technologies, such as coverage-based via resistance and vertical gate resistance modeling
- RedHawk Fusion: ANSYS RedHawk-driven EM/IR analysis and optimization within place-and-route
- Synopsys TestMAX DFT and Synopsys TestMAX ATPG test: FinFET-based, cell-aware, and slack-based transition testing for higher test quality
- Formality® equivalence checking: UPF-based equivalence checking with state transition verification
Synopsys’ Fusion Design Platform is in active production usage at market-leading companies; it redefines conventional design tool boundaries with the fusion of best-in-class optimization and industry-golden signoff and design-for-test (DFT) tools, enabling the most predictable full-flow convergence with the fewest iterations. The AI-enhanced platform boosts designer productivity by speeding up computation-intensive analyses and leverages past learning to achieve superior QoR. The Fusion Design Platform provides a streamlined cloud-ready design environment and is enabled on major public cloud providers’ and Synopsys-hosted infrastructure.
“Our long and successful collaboration with Samsung Foundry has enabled our mutual customers to adopt Synopsys’ market-leading solutions early, certified on Samsung’s most advanced node,” said Sassine Ghazi, general manager of Synopsys’ Design Group. “Combining the 5LPE benefits in power, performance, and gate density with the Synopsys Fusion Design Platform QoR and TTR advantages will enable our mutual customers to differentiate their next-generation products. Synopsys continues to focus on providing the best solutions for joint customers.”
SOURCE Synopsys, Inc.
Fintech PR
BingX Introduces ALTCOIN Index Futures Trading: One Click, Countless Trends
VILNIUS, Lithuania, Dec. 27, 2024 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce the launch of ALTCOIN Index, the first futures trading pair involving top altcoins. This innovative trading product offers users a one-click solution to efficiently track and trade major cryptocurrency trends with ease.
Traditionally used in stock markets, a futures index is a financial derivative that tracks the performance of a group of assets, such as stocks of commodities. These instruments were first introduced to simplify trading by allowing investors to speculate on or hedge against the collective movements of selected market sectors. Instead of purchasing individual stocks, traders are able to access broad market exposure in a single transaction, saving time and reducing costs.
In the cryptocurrency market, this new ALTCOIN/USDT futures trading pair works similarly by bundling the performance of the top mainstream cryptocurrencies by market capitalization, excluding Bitcoin (BTC) and stablecoins. The current index includes ETH, XRP, SOL, BNB, DOGE, ADA, TRX, AVAX, and SHIB. This approach is more efficient compared to buying individual cryptocurrencies or ETFs as this allows for direct speculation using tiered leverage options without the need to manage multiple positions, effectively diversifying trading risks associated with individual asset volatility.
Vivien Lin, Chief Product Officer of BingX, commented on the new offering: “By aggregating a range of leading cryptocurrencies into a single trading instrument, we’re giving users a practical and efficient way to better capture market trends. This index trading pair should help our less experienced users with their trading goals more easily, particularly when they are unsure which asset to trade and just want to trade major altcoins in general with leverage.”
BingX users can take advantage of tiered leverage options and competitive rates consistent with the platform’s perpetual futures terms, simplifying open order management and enhancing trading efficiency. The platform also ensures that the index composition remains current, with regular quarterly adjustments and temporary updates in response to market conditions.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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View original content:https://www.prnewswire.co.uk/news-releases/bingx-introduces-altcoin-index-futures-trading-one-click-countless-trends-302339486.html
Fintech PR
Nodepay Raises $7M Total Funding To Power AI Growth with Real-Time Data Infrastructure
SINGAPORE, Dec. 27, 2024 /PRNewswire/ — Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, today announced it has raised a second round of funding, bringing its total to $7 million.
The latest funding round welcomed new strategic investors IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They join an impressive roster of previous backers that includes Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and more.
Nodepay’s network taps into a global community of users running privacy-protected nodes. By sharing their spare internet bandwidth, these participants earn rewards for creating a real-time data source that improves AI inference with accurate, timely information—an approach known as Retrieval Augmented Generation (RAG).
Darren Nguyen, co-founder of Nodepay commented: “Our mission is to develop solutions that create tangible value for both AI developers and its end users. We give contributors a share in the AI ecosystem they help fundamentally build.”
Nodepay’s infrastructure platform integrates real-time data retrieval, a Web3-focused decentralized answer engine, reinforcement learning for more accurate model output, and gamified human verification. Together, these components combine to create a fair, collaborative, and innovative AI ecosystem.
Eric Le, investment director of IDG Capital, said, “The team at Nodepay is democratizing the AI economy by providing a platform that allows users to share directly in the value they create. We’re proud to support their vision of making AI more accessible and beneficial to all.”
With this funding, Nodepay will continue to commercialize its infrastructure to benefit both its community and partner AI labs. As it prepares to launch on Solana, Nodepay stands ready to lead the next era of decentralized AI development and training.
Already serving over 1.5 million active users worldwide, Nodepay continues to expand its reach, solidifying its role as a leader in the integration of AI and blockchain technology. Users can expect further updates and new announcements through their social channels and official website.
About Nodepay
Nodepay is a decentralized AI platform dedicated to democratizing AI training through real-time data retrieval. By turning idle internet bandwidth into a valuable resource, Nodepay fuels the next generation of AI models and stands at the forefront of AI decentralization.
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View original content:https://www.prnewswire.co.uk/news-releases/nodepay-raises-7m-total-funding-to-power-ai-growth-with-real-time-data-infrastructure-302339478.html
Fintech PR
SM approaches 2025 with cautious optimism
PASAY CITY, Philippines, Dec. 26, 2024 /PRNewswire/ — The SM Group is approaching the coming year with cautious optimism, encouraged by the continued growth of the Philippine economy.
SM Investments President and Chief Executive Officer Frederic C. DyBuncio said that despite ongoing challenges of peso volatility and higher inflation, the business sector has adapted well.
Consistent demand sustained household spending in the third quarter, with Household Final Consumption Expenditure posting a year-on-year growth of 5.1%, maintaining the same level in the same quarter last year, data from the Philippine Statistics Authority showed.
“Any moderation in inflation should trigger a strong confidence rebound. This could create opportunities in consumer-focused sectors in the country and we are poised to cater to these evolving demands,” Mr. DyBuncio said.
To cater to growing demand, SM continues to expand into more underserved areas, contributing to sustainable economic development and collaborating with government stakeholders to enhance access to modern retail, financial services, and integrated property developments.
“By investing and expanding to more areas nationwide, SM creates new markets and improves access to these essential sectors, serving more communities and helping stimulate sustained economic activities,” he said.
Mr. DyBuncio also said SM continues to invest in promising ventures such as renewable energy and logistics, that foster economic activity.
SM has invested in the clean energy industry through Philippine Geothermal Production Company (PGPC) which produces 300 Megawatts of geothermal steam supply. SM aims to continue to develop geothermal concessions through PGPC in support of the Department of Energy’s goal of reaching 50% renewable energy supply by 2040.
To encourage circularity towards green energy production, SM’s property arm, SM Prime Holdings partnered with GUUN Co. Ltd. (GUUN) to implement the Japanese technique of reducing landfill impact. The technology converts non-recyclable and hard-to-recycle packaging into alternative fuel.
SM’s banking arm, BDO Unibank is one of the largest funders of renewable energy projects. BDO has funded PHP898 billion in sustainable finance, including loans to 59 renewable energy projects as of December 2023.
In logistics and tourism, the improvement of transport networks across the country’s archipelago connects tourist and industrial areas that will help create inclusive growth. SM though its subsidiary 2GO launched MV Masigla and MV Masikap in 2024 to help better connect goods to 19 ports across the country including Iloilo, Bacolod, Cagayan de Oro and Manila, further supporting the government’s push for medium term growth through an upgraded tourism infrastructure and ecosystem.
“Our focus for 2025 will be to drive purposeful growth, empowering communities and partners through our investments towards a sustainable future,” Mr. DyBuncio said.
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View original content:https://www.prnewswire.co.uk/news-releases/sm-approaches-2025-with-cautious-optimism-302339452.html
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