Campbell, CA, 04/21/2026 – Arteris, Inc. (Nasdaq: AIP), a leading provider of semiconductor technology for accelerating innovation in the AI era, today announced a collaboration with MIPS, a GlobalFoundries company, and leading provider of processor IP, tools, software, and solutions, to accelerate building physical AI computing platforms. MIPS has selected Arteris FlexGen smart NoC IP and Magillem SoC integration automation software to help accelerate the development of scalable SoC platforms targeting high-growth markets adopting physical AI, including automotive microcontroller units (MCUs) and advanced driver assistance systems (ADAS), robotics, and embedded computing.