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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

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

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Energy Industry News

Beacon Offshore Energy commences oil production from Winterfell development

Beacon Offshore Energy, along with its consortium of partners, has successfully started oil production from the Winterfell development…

byPallavi Madhiraju

July 4, 2024

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