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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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Harris County Sheriff’s Office reports two fatalities at Jacinto City party

In the early hours of Saturday, a 21st birthday celebration in Jacinto City, Texas, turned tragic when gunfire…

byPallavi Madhiraju

March 31, 2024

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