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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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Santa Monica shooting suspect David John Hairston II arrested after police officer ambush near mall

Find out how Santa Monica police captured David John Hairston II after a brazen ambush left an officer wounded near a busy outdoor mall on June 25, 2025.

byPallavi Madhiraju

June 27, 2025

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