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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: Health officials prepare quarantine controls as an expedition cruise ship arrives at port, reflecting rising concern over the MV Hondius hantavirus outbreak and suspected cases linked to Tenerife, Alicante and Tristan da Cunha.

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France monitors hantavirus contacts as severe MV Hondius case intensifies concern

A rare cruise outbreak is testing global health systems. France’s severe Andes virus case turns MV Hondius into a high-stakes tracing test.

May 13, 2026

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