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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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Petrofac Spearheads Aramis CCS Project in the Netherlands

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Energy Industry News

Aramis CCS project: Petrofac launches multi-million-dollar FEED in Netherlands

Petrofac has initiated a multi-million-dollar front-end-engineering design (FEED) for the Aramis carbon transport and storage (CCS) system in…

byPallavi Madhiraju

January 7, 2024

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