South Korean AI chip intellectual property startup Panmnesia valued at $81.4 million – ET CIO

The South Korean chip startup Panmnesia has raised a seed round that values it at $81.4 million, the company has said. Panmnesia’s business is focused on developing intellectual property around a technology it calls Compute Express Link ( CXL ), which allows big data centre operators to pool devices such as AI accelerator chips, processors and memory.