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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

Salad and Go is coming back after bankruptcy, but competitors bought most of its old drive-thru network

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Dataprise acquires Phoenix IT to expand cybersecurity services to Arizona

Dataprise, a prominent provider of managed services and managed security services, has announced its acquisition of Phoenix IT,…

byPallavi Madhiraju

August 2, 2024

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