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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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Representative image of a Boeing 787 Dreamliner on approach, highlighting the aircraft model involved in the Air India crash near Ahmedabad on June 12, 2025.

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Flight data recorders at the center of renewed scrutiny as Air India Boeing 787 crash investigation intensifies

Black boxes recovered from the Air India crash may explain what caused the Boeing 787 to fall minutes after takeoff. Global probe underway.

byPallavi Madhiraju

June 14, 2025

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