Semiconductor Startup Raises $55 Million To Help Cloud Companies Handle The AI Boom

The advent of generative AI has turbocharged demand for cloud computing services, and data centers need a boost of their own to meet the rising demand. MangoBoost, a Seoul- and Seattle-based chip design startup, says it can give that boost.

Founded in February last year, MangoBoost develops specialized chips designed for data centers, called data processing units, or DPUs. The chips can boost the efficiency of existing server equipment, says Jangwoo Kim, cofounder and CEO of MangoBoost, in a video interview.