AMD and Korean telco KT back AI software developer Moreh in $22M Series B

Advanced Micro Devices (AMD) and Korean telco KT are among the investors of Moreh, which builds an AI software tool that optimizes and creates AI models. The Santa Clara- and Seoul-based startup said it has raised a $22 million Series B round, bringing its total raised to $30 million.

Moreh says its flagship AI software, called the MoAI, is similar to Nvidia’s CUDA but is compatible with existing machine learning frameworks like Meta’s PyTorch, Google’s TensorFlow, and applications and AI models that previously could only run on Nvidia. (...)

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