In the dynamically evolving landscape of Artificial Intelligence, a new player is making waves. Moreh, a startup based in Santa Clara and Seoul, recently raised a significant $22 million in a Series B funding round, pushing its total investments to $30 million. This funding round is notable not only for its size but also for the prominent investors involved, including Advanced Micro Devices (AMD) and South Korean telecommunications giant KT. But what exactly does Moreh bring to the table that has garnered such attention? Let’s delve deeper into the revolutionary tools they’re offering and their implications on AI infrastructures.

Unlocking AI’s Potential with MoAI Software

At the center of Moreh’s innovation is its flagship product, the MoAI software. Positioned as a competitor to Nvidia’s CUDA, MoAI is designed to optimize and create AI models while being fully compatible with well-established machine learning frameworks like Meta’s PyTorch and Google’s TensorFlow. This flexibility is paramount, especially as many businesses find their existing AI software struggling to keep pace with large-scale AI demands.

Moreh’s co-founder and CEO, Gangwon Jo, emphasizes the limitations of current AI software, particularly for enterprises dealing with vast amounts of data and complex operations. The need for a more robust infrastructure is crystal clear as companies’ IT capabilities become increasingly unfit for the task of training AI models effectively.

A Tailored Solution for GPU Shortages

Given the global scarcity of GPUs, Moreh offers a lifeline for AI developers, data center operators, and chip manufacturers. Their innovative approach allows these users to build a more flexible AI infrastructure. Notably, their software enables a wide range of AI chips, from GPUs to neural processing units (NPUs), to operate advanced AI models, including sophisticated large language models (LLMs), without necessitating any code alterations.

Performance That Speaks Volumes

• KT’s partnership with Moreh, which began in 2021, highlights the effectiveness of their technology. They’ve demonstrated that the performance of Moreh’s solutions surpasses even Nvidia’s DGX, especially in training LLMs.
• According to Moreh, they observed an impressive 116% increase in GPU throughput with AMD’s MI250 Instinct accelerator powered by the MoAI platform, compared to Nvidia’s A100.
• Moreover, AI developers using Moreh’s software can potentially cut training time by up to 90% for large AI models.

These advancements could be pivotal in reshaping how organizations approach AI model development, making it more accessible and efficient.

A Sign of Progress: Upcoming Open Source Release

Adding to the excitement, Moreh recently completed the training of an LLM based on the Korean language, boasting 211 billion parameters. This model is set to be released as open source later this year, a move that underscores their commitment to contributing to the AI community.

The Road Ahead: Investing in Talent and Innovation

With this new funding, Moreh aims to enhance its research and development efforts, expand product offerings, and recruit additional talent, growing its current team of 70 employees. The recent funding round also saw participation from South Korean VC firms Smilegate Investment and Forest Partners, further solidifying the startup’s foundation in the competitive AI market.

Conclusion: The Future of AI Development with Moreh

As the landscape of AI continues to evolve, the emergence of startups like Moreh signals a transformative phase. Their innovations challenge the status quo, fostering an environment where AI can thrive like never before. The backing from industry giants such as AMD and KT not only validates Moreh’s approach but also outlines a promising roadmap filled with possibilities for enterprises venturing into the realm of AI.

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations. For more insights, updates, or to collaborate on AI development projects, stay connected with fxis.ai.