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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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Energy Industry News

TGS and PGS merger receives clearance from Norwegian competition authority

TGS ASA and PGS ASA have received clearance from the Norwegian Competition Authority (NCA) for their merger, marking…

byPallavi Madhiraju

April 18, 2024

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