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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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BW Offshore to have FPSO BW Cidade de São Vicente recycled at Indian shipyard

BW Offshore said that it has inked an agreement for recycling the FPSO BW Cidade de São Vicente…

byPallavi Madhiraju

February 12, 2022

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