Arteris, Inc. and MIPS, a GlobalFoundries company, announced a partnership that will accelerate the development of physical AI computing platforms. The collaboration will see MIPS integrate Arteris’ FlexGen smart Network‑on‑Chip (NoC) IP and Magillem SoC integration automation software into its product line, targeting automotive microcontroller units, advanced driver assistance systems, robotics, and embedded computing.
The partnership expands Arteris’ footprint in the RISC‑V ecosystem. MIPS will use Arteris technology to build high‑performance, energy‑efficient SoCs based on MIPS RISC‑V processors, reducing data‑movement bottlenecks and shortening time‑to‑market for physical AI solutions.
For Arteris, the deal represents a significant new customer win that broadens its addressable market beyond its existing automotive and enterprise customers. It positions the company to capture revenue from the growing physical AI segment, where demand for efficient interconnects is accelerating in automotive, robotics, and embedded applications. For MIPS, the partnership supports its pivot to RISC‑V and strengthens its AI and edge‑computing capabilities after its acquisition by GlobalFoundries in August 2025.
In 2025, Arteris reported revenue of $70.6 million, up 22% year‑over‑year, and a net loss of $34.7 million. Q4 2025 revenue was $20.1 million, up 30% year‑over‑year. The partnership is expected to accelerate revenue growth in the physical AI market, building on recent customer wins such as licensing deals with AMD and Renesas.
K. Charles Janac, president and CEO of Arteris, said, "Modern SoCs and sophisticated MCUs are increasingly defined by processor capabilities and efficient data movement, especially in physical AI systems." The partnership aligns with Arteris’ strategy to deliver AI‑driven interconnect solutions that meet the demands of automotive, robotics, and embedded markets.
The collaboration comes amid a broader AI market rally, with investors showing heightened interest in companies that provide AI infrastructure. The partnership is expected to strengthen Arteris’ position in the physical AI segment and support its growth trajectory.
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