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Modal Labs has secured $750 million in Series D funding at a $15.75 billion valuation, marking a nearly 239% valuation surge in five months as demand for AI inference, GPU cloud infrastructure and autonomous coding agents accelerates, pushing the company's annualized run rate beyond $1 billion. Representative image.

Modal valuation jumps 239% as AI infrastructure demand drives $750m Series D

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Energy Industry News

Afentra advances in Angolan oil sector with government approval for Azule acquisition

Afentra plc, the upstream oil and gas company focused on strategic opportunities in Africa, has announced a significant…

byPallavi Madhiraju

April 27, 2024

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