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In 50 Words: South Korea’s Panmnesia raises $12.5m, valuation hits $81.4m
South-Korea based Panmnesia is an AI chip startup developing intellectual property around Compute Express Link technology for big data center operations. It has reached a valuation of US$81.4 million following a US$12.5 million seed funding. Daekyo Investment, SL Investment, and others participated in the round. Panmnesia believes its tech could increase the efficiency of AI applications.
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