Pat Gelsinger-backed startup PicoJool raises $27.5M to boost bandwidth for AI clusters A startup called PicoJool that’s backed by former Intel Corp. Chief Executive Pat Gelsinger says it’s ready to help ease the strain on artificial intelligence data centers after raising $27.5 million in early-stage funding today. The Series A round was led by Socratic Partners and saw participation from Hudson River Trading. It brings the company’s total amount raised to $39.5 million. It follows an earlier $1...