Leading EDA (Electronic Design Automation) chip design tools bellwether, Synopsys, recently announced a new program for tech startups that could help foster innovation in many markets and industries. The Synopsys Cloud Startup program has been rolled out in an effort to put powerful AI-driven chip design software and services into the hands of startups that don’t have the infrastructure or capital to invest in the same world-class tools that virtually all the major chip players utilize. In short, you can think of Synopsys Cloud Startup as a chip design infrastructure as a service for startups. The initiative will also be driven in collaboration with high profile VC firm, Mayfield, in order to further resource and help guide some of these exciting fledgling companies.