South Korean Startup Panmnesia Valued at $81.4 Million for AI Chip Intellectual Property
South Korean chip startup Panmnesia has successfully secured a seed funding round, valuing the company at $81.4 million. Panmnesia specializes in developing intellectual property related to Compute Express Link (CXL), a technology that enables data center operators to consolidate resources like AI accelerator chips, processors, and memory. Addressing the typical bottleneck issue associated with memory…