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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?

Japan's Prime Minister Fumio Kishida to step down in September, ending his three-year term

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Shocking exit! Japan’s Prime Minister Fumio Kishida to step down amid political turmoil

Japanese Prime Minister Fumio Kishida is set to step down as the leader of the ruling Liberal Democratic…

byPallavi Madhiraju

August 14, 2024

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