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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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Canada launches 69-unit Indigenous student housing development in Winnipeg under $17 million partnership

Canada opens 69-unit affordable housing complex for Indigenous students and families in Winnipeg through a $17 million partnership initiative with Opaskwayak Cree Nation.

byPallavi Madhiraju

July 5, 2025

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