Nvidia and Synopsys, which announced their expanded partnership Monday, are among the global players in the AI semiconductor race with significant operations in Austin.

Nvidia Just Piled $2 Billion Into This Artificial Intelligence (AI) Chip Designer. Should Investors Follow Suit? The AI chipmaker has been investing billions of dollars into AI-related ventures.

The $2 billion investment in Synopsys, which makes software and components for designing semiconductor chips, deepens their existing partnership at a time when analysts scrutinize circular AI-industry deals and warn of a potential bubble.

By switching to GPU-powered technologies, design and engineering that would take weeks to develop “could now happen in hours,” Nvidia founder and CEO Jensen Huang said on an investor call.

The collaboration unites Nvidia’s accelerated computing and AI ecosystem with Synopsys’ semiconductor, simulation, and verification technologies.