Design & Reuse

Cadence Announces Fem.AI Alliance to Lead Gender Equity Revolution in the AI Workforce

Equinix, NetApp, NVIDIA and Workday join Fem.AI Alliance to drive change, backed by initial $20 million Cadence investment

www.cadence.com/en_US/home.html, Oct. 15, 2024 – 

SAN JOSE, Calif.– Cadence Design Systems, Inc. (Nasdaq: CDNS) announced that industry leaders Equinix Foundation, NetApp, NVIDIA and Workday are founding members of the Cadence Giving Foundation's Fem.AI Alliance, a group of companies and institutions that have committed to driving change towards a more representative tech and AI workforce. The Fem.AI Alliance is dedicated to evolving the future workforce by increasing women's representation and leadership in the tech industry.

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The Cadence Giving Foundation's Fem.AI Alliance is dedicated to evolving the future workforce by increasing women's representation and leadership in the tech industry. Founding members include Equinix Foundation, NetApp, NVIDIA and Workday.

The Cadence Giving Foundation's Fem.AI Alliance is dedicated to evolving the future workforce by increasing women's representation and leadership in the tech industry. Founding members include Equinix Foundation, NetApp, NVIDIA and Workday.

"Women's talent and perspectives are crucial to shaping the future of AI. Ensuring that women are well represented and valued in the workforce is a business imperative," said Anirudh Devgan, president and CEO of Cadence . "With our newly formed Fem.AI Alliance, we will work with like-minded companies to increase the number of women in STEM, which will fuel the creation of innovative, inclusive and responsible AI solutions."

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