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Siemens to acquire Precision Innovations to expand AI-powered system-on-a-chip design exploration and optimization

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Acquisition expands Siemens’ electronic design automation (EDA) portfolio with AI-powered, shift-left chip planning capabilities to support faster design exploration for advanced system-on-a-chip (SoC) architecturesPrecision Innovations’ technology helps semiconductor teams to evaluate architectural and design tradeoffs early in the SoC design cycle, leading to better power, performance and area, and faster time to silicon

PLANO, Texas, July 20, 2026 /PRNewswire/ — Siemens today announced that it has signed an agreement to acquire Precision Innovations Inc., a privately held electronic design automation software company, expanding Siemens’ EDA portfolio with AI-powered chip planning capabilities that help semiconductor teams optimize power, performance and area earlier in the system-on-chip design process.

Precision Innovations develops EDA software built on the open-source OpenROAD framework to help semiconductor teams evaluate design feasibility, reduce design iterations and accelerate time to market as system-on-a-chip complexity continues to grow. The acquisition will strengthen Siemens’ EDA portfolio with AI-driven chip planning and design exploration capabilities, complementing Siemens’ existing digital design and verification solutions by enabling faster feasibility analysis and more informed downstream decisions.

Precision Innovations is intended to join Siemens as a key addition to its industry-leading Digital Design Creation software, complementing existing digital design and implementation capabilities to deliver a comprehensive, end-to-end digital flow that spans architecture, implementation and the full silicon lifecycle management of SoCs.

“With Precision Innovations joining Siemens, we will expand our ability to support customers as they face rapidly increasing SoC complexity and the need to explore new architectures faster and more efficiently,” said Ankur Gupta, executive vice president, IC Portfolio, Siemens EDA, Siemens Digital Industries Software. “Integrating Precision Innovations’ AI-powered early design exploration into our EDA portfolio can significantly accelerate time to silicon and improves power, performance and area.”

Precision Innovations’ solutions are used by leading semiconductor and technology companies and significantly enhance Siemens’ existing EDA offerings across digital design and verification workflows. By combining Precision Innovations’ technologies with Siemens’ broader EDA portfolio, Siemens will be able to help customers address growing design complexity, shorten development cycles and improve engineering productivity.

“Becoming part of Siemens allows us to scale our technology and bring AI-driven chip planning to a much broader set of semiconductor teams,” said Tom Spyrou, chief executive officer, Precision Innovations. “Together, we can help designers leverage AI to evaluate thousands of design options earlier in the process and focus innovation where it matters most.”

Precision Innovations was founded in San Diego, California in 2019 with the mission to democratize the hardware design landscape by addressing barriers related to cost, expertise and uncertainty that have historically limited access to advanced semiconductor technologies.

Closing of the transaction is subject to customary conditions and is expected within the third quarter of calendar year 2026. Terms of the transaction were not disclosed. To learn more about how Siemens is committed to leveraging AI technologies to solve critical challenges in semiconductor manufacturing, visit https://www.siemens.com/en-us/company/electronic-design-automation/

Siemens Digital Industries Software helps organizations of all sizes digitally transform using software, hardware and services from the Siemens Xcelerator business platform. Siemens’ software and the comprehensive digital twin enable companies to optimize their design, engineering and manufacturing processes to turn today’s ideas into the sustainable products of the future. From chips to entire systems, from product to process, across all industries. Siemens Digital Industries Software – Accelerating transformation.

Siemens Digital Industries (DI) empowers companies of all sizes within the process and discrete manufacturing industries to accelerate their digital and sustainability transformation across the entire value chain. Siemens’ cutting-edge automation and software portfolio revolutionizes the design, realization and optimization of products and production. And with Siemens Xcelerator – the open digital business platform – this process is made even easier, faster, and scalable. Together with our partners and ecosystem, Siemens Digital Industries enables customers to become a sustainable Digital Enterprise. Siemens Digital Industries has a workforce of around 70,000 people worldwide.

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

Note: A list of relevant Siemens trademarks can be found here. Other trademarks belong to their respective owners.

This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expects,” “looks forward to,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” ….

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SOURCE Siemens Industry Software

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RoboParty Unveils RP1, a High-Performance Full-Stack Open-Source Humanoid Robot at IROS

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PITTSBURGH, Oct. 3, 2026 /PRNewswire/ — On September 28, 2026, RoboParty publicly unveiled RP1 (ROBOTO 01) at IROS 2026, marking the robot’s global debut. Building on RPO (ROBOTO ORIGIN), its fully open-source humanoid project launched in January 2026 with more than 2,500 GitHub stars, RoboParty positions RP1 as the world’s first high-performance full-stack open-source bipedal humanoid robot — designed for researchers, educators, robotics developers and embodied AI teams.

At the company’s IROS booth, the “Kick Me” interactive demonstration let visitors directly push and kick the robot. RP1 rapidly adjusted its posture and recovered its balance under these external disturbances, testing its dynamic stability, body performance and system-level robustness. These capabilities were supported by PartyOS, RoboParty’s open R&D foundation for humanoid robotics, which integrates UFO — a training framework that discovers humanoid motor skills through unsupervised reinforcement learning, covering skill transitions, disturbance recovery and fall recovery without relying on predefined motion trajectories.

RoboParty is integrating the robot body, actuator modules, low-level control and embodied AI algorithms into one system for continuous joint validation. RP1 delivers peak joint torque of up to 160 N•m, built on in-house-developed Romomo actuator modules and a real-time motion-control system.

For RoboParty, “full-stack open source” means more than releasing mechanical files. The company plans to progressively open its motion-control systems, simulation environments, SDKs, training tools and the PartyOS development foundation, so developers can participate from hardware and low-level control to model training and deployment.

“Humanoid robots should not be closed systems that only a small number of teams can build while everyone else can do little more than watch,” said Yi Huang, founder of RoboParty. “We want RP1 to become an open foundation that developers can access, modify, train and continuously improve.”

RP1 builds on RPO’s validated open-source robot body and workflow, Romomo actuator modules and the dexterous RP Hand, with PartyOS evolving across humanoid locomotion, perceptual interaction, whole-body manipulation and autonomous intelligent humanoids.

Core team members studied at Tsinghua University’s Yao Class, Peking University’s Zhi Class, Harbin Institute of Technology, Stanford University, Carnegie Mellon University, Zhejiang University and other leading institutions. RoboParty has built a global community of more than 5,000 developers, and will announce further details of RP1’s open-source roadmap in October 2026, with broader software and hardware releases and a mass-production program to follow later in Q4.

Media Contact: marketing@roboparty.com 

GitHub: https://github.com/Roboparty/roboto_origin

Website: https://roboparty.com/

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SOURCE RoboParty

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‘Global Civilization Dialogues’ Series Arrives in Xi’an with Orchid Awards Guests

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XI’AN, China, Sept. 30, 2026 /PRNewswire/ — An international exchange event in the “Global Civilization Dialogues: Rendezvous with the Orchid” series recently took place in Xi’an. The initiative was held under the guidance of China International Communications Group (CICG) and the Publicity Department of the Shaanxi Provincial Party Committee, and organized by the Orchid Awards Secretariat, the China Center for International Communication Development (CCICD), and the Publicity Department of the Xi’an Municipal Party Committee.

The Orchid Awards is an international cultural prize founded by CICG to recognize foreign individuals and institutions dedicated to strengthening cultural ties between China and the rest of the world. Over 20 guests—among them final-round judges and participants in the Third Orchid Awards, along with social media creators from Cambodia, Germany, Brazil, and the UK—joined a four-day immersive tour of the ancient capital.

The delegation’s first stop was the Xi’an Museum, whose “Ancient Capital Xi’an” exhibit presents a rich trove of relics spanning the Zhou, Qin, Han, and Tang dynasties through the Ming and Qing—charting the history of a city that served as a capital under 13 dynasties. Guests lingered over the displays, absorbing the depth of Chinese civilization.

They then headed to the Mausoleum of the First Qin Emperor and its Terracotta Warriors. Each figure bears a distinct face, and the craftsmanship is remarkable—a vivid portrayal of the Qin army and a valuable source of physical evidence for studying the era. The underground formation left a lasting impression on Chinese and international visitors alike.

After revisiting ancient history, the delegation proceeded to local tech firms to observe China’s manufacturing innovation up close. At LONGi, they learned about the company’s latest strides in solar and energy storage, including industrial applications of AI and solar-powered green hydrogen. They next toured the exhibition hall at BYD’s Xi’an R&D center, learning about the company’s history, global footprint, and core electric vehicle technologies—and seeing firsthand the advances in China’s electric vehicle industry.

During their stay, guests are also scheduled to participate in the “Orchid • Encounter the Millennium-Old Ancient Capital” International Cultural Salon and visit industrial and cultural sites including the Aiju Grain and Oil Industrial Group and the Chang’an Twelve Hours cultural district. These visits offer further opportunities to explore how Xi’an is preserving its heritage, supporting industrial innovation, and opening up to the world—and to use cultural exchange as a bridge for telling China’s story and Xi’an’s story, deepening mutual understanding between China and other nations.

Since the Orchid Awards was inaugurated, the series has traveled to Beijing, Guangzhou, Dunhuang, Chongqing, Chengdu, and Harbin. Through site visits and face-to-face discussions, the Xi’an stop gives international guests an immersive taste of China’s millennia-old cultural heritage—and a firsthand look at the country’s modern vitality. It provides a forum for deepening cultural exchange between China and the world.

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SOURCE ORCHID AWARDS SECRETARIAT

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Handmade businesses have a new marketplace – and they own it

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The general public can now both sell and shop unique creations on a better handmade marketplace that’s fully controlled and operated in-house, by artisan hands.

GLADSTONE, Ore., Oct. 3, 2026 /PRNewswire-PRWeb/ — Exactly three years after launching it’s beta test, this week Artisans Cooperative opened it’s online marketplace platform for handmade goods run by people and for people. The general public can now both sell and shop unique creations on a better handmade marketplace that’s fully controlled and operated in-house, by artisan hands.

Artisans Cooperative marketplace is a fair, artisan-owned platform that values craftsmanship, transparency, and ethical trade.The massive influx of mass-produced, drop-shipped goods on major platforms like Etsy and Amazon has made it nearly impossible for authentic artisans to survive on mainstream marketplaces. Creative business owners want to be part of something genuine that stands for honesty instead of profits, and cares to market their products directly to customers who value handmade goods and the artisans who create them. Meanwhile, conscious shoppers are looking for shame free shopping where they can make their dollar count in supporting creative livelihoods.

“Artists and crafters NEED a space that isn’t just another venture capital-funded business…So this is exactly the right combination of ideals and beliefs that I’ve been looking for”. – Artisans Member

“It has been harder and harder to find authentic and handmade items for years. I hate having to search through 15 pages of dropship shops before finding an actual artist. Artisans Cooperative makes it easy!” – Artisans Member, Lizzy

Mass-produced, drop-shipped goods and increasingly volatile rules and fees make it nearly impossible for authentic artisans to survive, even with the support of conscious shoppers. None of that is welcome at Artisans. Skill and judgment must be so critical to the creation process of listed products that experienced industry peers can verify the artisan could have potentially ruined listed products in the process, but they didn’t. Simple, transparent commissions from free listings keep authentically handmade goods available at reasonable prices for shame-free shopping by customers who value the story and artistry behind the piece.

“I don’t want to line the pockets of large corporations who only look out for themselves. Instead, I want to support the people who are making things and have a small portion go to … connecting the buyers and sellers”. – Artisans Member, Adam

“I love that my handmade work has a place among … other authentically handmade artisan products. I really appreciate that Artisans Cooperative puts it’s artisans first.” – Artisans Member, Erin

About Artisans Cooperative Artisans Cooperative built a better handmade marketplace for the online creative community following the collective loss of trust in Etsy management after the 2022 #EtsyStrike.

Media Contact

mastress, Artisans Cooperative, 1 503-789-2805, people@artisans.coop, artisans.coop

View original content to download multimedia:https://www.prweb.com/releases/handmade-businesses-have-a-new-marketplace—and-they-own-it-302896862.html

SOURCE Artisans Cooperative

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