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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.

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Tragic bridge collapse in Shaanxi, China, due to heavy rains results in 11 deaths and over 30 missing

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Breaking: Catastrophic floods wreak havoc in China, bridge collapse results in multiple fatalities

In a devastating incident, at least 11 people lost their lives with over 30 others reported missing after…

byPallavi Madhiraju

July 20, 2024

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