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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

Patient volumes rose 10% at Montrose Regional Health, so why are 77 positions disappearing?

Royal Mail wants 2,500 fewer support roles. Can it afford a frontline retention problem too?

Discover the future of AI: Amazon’s new global initiative AWS GenAI Lofts could change how we innovate forever

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Discover the future of AI: Amazon’s new global initiative AWS GenAI Lofts could change how we innovate forever

Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), unveiled the AWS GenAI Lofts, an international…

byPallavi Madhiraju

July 12, 2024

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