Moreh has filed a notice of an exempt offering of securities to raise $21,427,520.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Moreh is raising $21,427,520.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Gangwon Jo played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Moreh
Moreh is an AI start up focusing on maximizing the scalability of the AI market. Founded in 2020, we believe that easier access to AI infrastructure is necessary to the expansion of the entire AI industry. In order to achieve our vision, we are dedicated to solve the current constraints of datacenters by providing an AI infrastructure solution that guarantees scalability and flexibility. Morehs global team are comprised of industry leading architects and engineers with comprehensive capabilities for AI infrastructure. We are confident in expanding AI accelerator market to reach its full potential and believe that our contribution will change the course of the market. Moreh AI Platform is a software stack for tomorrows AI models and infrastructures. Moreh AI Platform enables users to accelerate AI applications seamlessly on a variety of processors and on a diverse system scales, from single chips to large clusters, with the help of our compiler technology. Customers can focus on important AI problems regardless of complicated hardware architecture and parallelization techniques. By eleminating proprietary components from our software stack, AI systems can be built in a cost-effective way without being tied to a specific hardware vendor. We provide full compatibility with standard deep learning frameworks including PyTorch and TensorFlow. The rapidly expanding AI software ecosystem can be powered by our platform without any code modification.
To learn more about Moreh, visit https://moreh.io/
Contact:
Gangwon Jo, Chief Executive Officer
669-230-3136
SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.