Portland AI startup Mueon raises $65M for denser server racks

Mueon, a Portland-based startup, closed a $65 million funding round led by venture firm Maverick Silicon, with chipmaker Intel as a participant. The company is developing new server rack architectures designed to increase computing density—fitting significantly more capacity into the same physical footprint. If the approach works as claimed, denser racks could reduce costs and energy use for data centers running AI workloads.