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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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Larsen & Toubro bags Rs 1,000-2,500cr construction contracts

Larsen & Toubro (L&T) said that the buildings and factories (B&F) business of L&T Construction has won contracts…

byPallavi Madhiraju

July 12, 2022

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