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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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Tecnotree announces partnership with people+ai for open cloud compute project

Tecnotree, a leading provider of digital platforms and services for AI, 5G, and cloud-native technologies, has formed a…

byPallavi Madhiraju

May 12, 2024

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